cdchi1, personally I don't think that it's their report that is moving the sp.
The MACD ( moving average convergence/divergence) for PXL turned positive on the 8th March and hasn't turned negative since then. That's nearly 6 weeks of buyers chasing the stock!!
The volume breakout is impressive and this has also been occuring before the BRW report. For the first quarter of this year a volume of approx. 8.2million is very impressive when seen in context of what's happened before. This is more than double of any previous quarter!
Don't forget when the sp initially fell under the previous leadership it was on very thin volume. The highest quarter was just under 2million. If the sp really takes off then it's going to be very difficult to pick where the next resistance point/s is going to be. Don't you think?
pure speculation so seek expert advice.
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cdchi1, personally I don't think that it's their report that is...
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