But then how is that an edge if almost everyone is doing it?
Bit of a pennant developing here.
She's conforming to some support lines here, as well as top resistance line on the pennant. Support above 82 established by the chart and probably the capital raising at 82 (I think). So, still in play, for now. POG could be a factor whether it breaks up or down perhaps.Any update on this one? PRU.ax
Maybe a short term triangle over the 70 ish support mark, but dodgy. Too extreme in it's movements short term to make a call there for me.Kennas what do you think about MGX??
If it bounces off the top line again it is showing a nice pennant isnt it??? Like PRU's??
Maybe a short term triangle over the 70 ish support mark, but dodgy. Too extreme in it's movements short term to make a call there for me.
Longer term. looks pretty good.
Been trending up for 6 months. Clearing resistance and then it's formed support.
Yet another resource stock that has done extremely well the past few months.
The question still remains, 300% bear bounce/dead cat, or start of a long term recovery?
Re: PRU - Perseus Mining
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Quote:
Originally Posted by kennas
Intersting pennant/triangely thing appearing here in a very nice uptrend and over significant horizontal support. Looks pretty bullish for a break up to me if that all holds. Should do unless a black swan lands in the pond. Hate those!
Potential breakup intraday, but intra day calls are for mugs. So, I won't be muggish enough to call it a break up at this time. But it has potential. Or, I'll be a mug.
Two more speccies.
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