Scilliams, I reckon Rob's too old for twitter, I know I am :-)
More seriously though, tcheg I've done a chart on PEK see below.
Clearly retracing from its high of 0.73. Its run was characteristised by a nice strong stochastic which remained above the 50% level all the way up, but that level now looks threatened. The 2nd half of the run was on waning volume, which peaked on that gap up in late September.
I'd want to see a return of volume to be confident that it was going to bounce. If volume remains low its probably going to soak up some time - perhaps holding on to that 38.2% fib line?
This looks like the stocks first big move. When resource stocks start running like this its not uncommon for them to retrace to the 50% or 61.8% fib before another strong move, so watch out for the break of the 38.2% ;evel.
