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Yes, it seems strange that there is no news whatsoever and yet the price keeps dropping.
There was some over exuberance around June when the fair target from the long term saucer consolidation would have been circa 87c - instead the price powered on to almost double that. Blow off tops usually end in very sharp falls, and that is what has happened.
Currently the Monthly Ichimoku shows strong support levels at 25-26.5c, so I am looking there for a potential reversal pattern.
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Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.60M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| PET (ASX) Chart |
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