PYM 0.00% 0.0¢ pryme energy limited

hi rog. my personal price target is low 2s, as per the...

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    hi rog.
    my personal price target is low 2s, as per the 200emaprice level.
    the primary reasoning behind this is that most speculative stocks that get taken for a run usually struggle to hold the 200ema level unless there is a good solid reversal in play, and for my own trading style, i tend to take profits on the breach, then wait and see if a second wave gets the price back above the critical price level before re-positioning.

    not saying i am looking for a trend reversal on this particular play, just making the point that the safest profit range is usually somwhere between the basing price level and the 200ema.
 
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