“It had to stop for a pullback at some point and if it completes as only a small pull back that will obviously be a good sign. I thought the HUI held up quite well correcting only 2.7% (very well considering the size of preceding gains).
The trick now will be working out whether it will be a 1 day correction or a few days before jumping back in.”
It looks like it was only a one day correction. After a small 2.7% correction it added another 5.6% last night. 4.6% gain for the GDXJ but that only corrected 0.2% the prior day so it was overall stronger than the HUI. Hard to imagine our sector not being strong today.
Whenever this selling in ABU is done we should have a big catch up rally.
With each day that passes this gold sector is looking more like it has bottomed and is getting ready for a large move higher. Gold now 1339. I think when it breaks 1350 it will be a fairly rapid move to 1500-1550.
- Forums
- ASX - By Stock
- PRX
- think tank
think tank, page-146
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PRX (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $4.664M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.2¢ | $5.61K | 2.629M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6073956 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 23525986 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 6073956 | 0.002 |
39 | 115317381 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 23525986 | 21 |
0.004 | 9255526 | 8 |
0.005 | 4889000 | 2 |
0.006 | 1600000 | 3 |
0.007 | 2540000 | 2 |
Last trade - 13.56pm 17/10/2024 (20 minute delay) ? |
Featured News
PRX (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online