There's a TAZ "trading action zone" set up forming
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TAZ requirements (can be found on Google)
10 day simple MA above the 30 day Expo MA with a price pull back into the zone between the MA's with a rising Simple 200 day MA and it's suggested to have Williams % R passing up through 50 so PGM does qualify as a TAZ set up as seen here on this daily chart.
After the last annual running of the Bull (pray to your God its the last one)price has retraced to a double bottomed all about Fib 61.8% retracement, i recall reading somewhere a guy called Gann said the only valid double bottom is one contained in a reaction to a primary move.Speaking of Gann we may note another observation of 1 months time cycle from the peak at June 6th to July 7th.
Livermore may not necessarily be watching PGM (what normal person would)but give a chart with no name he would identify two points here on this chart one at 8.2c and the other at 14c and be observing those pivotal points for a lead in the flow of price.Being the ticket reader he was and having the love of a punt seeing an isolation form on the lower pivotal point with a secondary rally away from it of 10 -20% he would have had a partial probe buy today and then back into observation mode looking at 14c and then 18c for the last two buys.
I'm now of the opinion PGM has become a buy on TA only!!!!!!
Yes i bought "more" today (i need psychological help)
Troll
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There's a TAZ "trading action zone" set up forming [ATTACH] TAZ...
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Last
2.7¢ |
Change
0.001(1.92%) |
Mkt cap ! $17.41M |
Open | High | Low | Value | Volume |
2.6¢ | 2.7¢ | 2.5¢ | $30.07K | 1.165M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 220947 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 105000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 220947 | 0.026 |
5 | 958628 | 0.025 |
4 | 1405000 | 0.024 |
3 | 3330434 | 0.023 |
3 | 365103 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 105000 | 2 |
0.028 | 82956 | 1 |
0.029 | 88287 | 1 |
0.030 | 225947 | 5 |
0.031 | 510206 | 2 |
Last trade - 14.25pm 16/09/2025 (20 minute delay) ? |
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PGM (ASX) Chart |