PXG phoenix gold limited

Hello ...... :) Lighter volume today with buyers hanging back...

  1. 207 Posts.
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    Hello ......

    Lighter volume today with buyers hanging back from 12c smack down again.
    Closed at 11.5c, up nearly 5%, 12 - 12.5c resistance, a close at or above 12.5c will be a technical breakout from 1yr daily chart. this would be a very bullish move to the upside.

    goodies 2 (buyers) Happy to sit back a bit and accumulate at these levels.
    baddies nil (sellers) managed to maintain 11.5c after a feeble sell down to 11c of 25000 shares.

    Gold up again overnight to us$1233, and up slightly during the day. Gold seeming to want to continue to the upside,
    but a pause sideways would be healthy before next move up.
    All my own opinion. (dyor)

    A good result on another down day for the asx.

    Looking good atm.

    cheers
    Tonali
 
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