the chart is still looking terrific & we are i believe on our third run in this set to my next predicted target which is corresponding to the latest BEER target.
we have been moving up along a steady channel of which the top side is around 41 cents, i believe the same figures in our report have been applied to PLS resulting in their big move today as well ?
i would not be at all surprised if we gap up in the morning & quickly make our way up to 40 cents, a cap raise at this point by way of a rights issue could send the SP ballistic ? just depends on how management play it, hopefully they will do the issue to current holders if that is the case, i dont think that they would want to water down their own holdings ?
the other thing of note is macd is doing a bullish cross over, my guess is it will be flashing alewrts on the TA screens ?
AJM Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held
