Hi All
If I were a TA guru, and I'm not by any stretch I would say, judging by the flag/pennant pattern just formed and a resumption of the trend, that a push above $0.80 would be bullish and may signal a move back to the circa $1.00 mark.
Given that, and I hear this all the time, the market is a discounting mechanism, we might be seeing, 6-12 months down the track, some normality in the POO fundamentals.
Am I right - who knows?????. In fact who actually does know is exactly the point. No one really saw the massive drop off since 2014 and if I was a betting man no one will see the normality or new bull market that is (might) be coming.
Cheers
BW
_______________________________________
There are known knowns. These are things we know that
we know. There are known unknowns. That is to say, there
are things that we know we don't know. But there are also
unknown unknowns. There are things we don't know we
don't know.
POO Breakout, page-4
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$1.45 |
Change
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Mkt cap ! $3.307B | |||
| Open | High | Low | Value | Volume |
| $1.45 | $1.46 | $1.44 | $6.124M | 4.220M |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 35145 | $1.45 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 92728 | 4 |
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