PMH - Pacmag Metals

[powerkoala]

it might break 48 today...
looks buyer is really strong

 

[Realist]

When it goes for a run more and more will jump in because they know the potential, they know it hit a bottom around 40c, and they'll wanna be on the run before it is too late, and it'll really get going. This may just be the day!!

45.5 now. That's up 10% from the morning!

 

[Realist]

Tech, you said you'd buy in on a spike.

What would it take for you to buy in theoretically?

Just interested in your methodology?

 

[tech/a]

Depth is really thin very small parcels very little interest at this point.
If this keeps up it wont hold much at all.

Realist ill let you know if and when I see it with chart support.

 

[chris1983]

This one is way too risky and volatile for you right Tech? Thats how I would gather it. Too much of a sharp rise. Worried about the consolidation factor.

 

[tech/a]

Im seeing thin trading being sold into.
Chart is all over the place no consolidation.
Early morning breakout at .43c abd retest at .44c so if on at 43c then OK if not I personally would say Ive missed this opportunity others may come.
Didnt see it till 44 myself but from chart thats my call.
This is a tick chart.
Cant sit and watch this too busy but will report back.

 

[powerkoala]

uhm, do you think tis is too early to break 47,5 ??

 

[JoshyJ]

No its too late..

 

[powerkoala]

oh well then, make it 52c for today close

 

[chris1983]

well hey. who knows eh

I like these kind of stocks. If they can unlock their deposit profitably the sp is way underpriced.

what are you thinking atm Realist? Did u pick more up at 40 yesterday?

 

[Realist]

49c now!!

 

[johnmwu3]

PMH is just soaring again ?
May break 50c today ?
Maybe more reviews come out If up a lot

 

[donjohnson]

Haha, of course I should have waited till today to sell!

Nice one guys, well done.

 

[powerkoala]

i still hold though...
look at that seller... wow... 700k...
such a resistance for today

 

[Realist]

50c!!

 

[tech/a]

Bloody hell that was quick.

Well there was another opportunity at 46c.

The blow off took a lot of sellers out as volume was higher than the initial buy volume the day before.
Next test is 49c.
If I was to have bought (which I havent) this it would have been at .465 with a stop at .47c having moved it up after the initial buy

 

[tech/a]

Now thats a strong looking depth.

 

[chris1983]

Profit takers will come in again soon. Its still good signs though. I'll continue to hold

 

[Speedbird675]

Hey Guys,

1st post and first trade on ASX for me, looks like I will hold as well, got in at .455 this morning, was cussing myself as was the high of the day. But IMO coy's fundamentals are too strong for the SP. Will continue to hold.

 

[pharaoh]

u should do well on pmh
nice one