- Joined
- 30 May 2017
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PGL has broken to the upside and continuing the upward momentum with today's announcement...PGL could end up breaking out hard if you go by Technical Analysis / Chart Reading text books. Look at the length of sideways consolidation:
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This recently listed IPO is a Peer-to-Peer Lender and used to be called "Rate Setter". It's experiencing record levels of lending according to the recent announcements and I think that's starting to reflect on the share price...
One might consider AXE already broken out, however, sellers appear keen to hold, possibly long term considering the potential of the technology, well, I am anyway.??
Supply will be back one could envisage, however it's not immediately present.
Yeah, today's price action looks short-term bearish due to inverted hammer candlestick pattern.DRO on a 1 yr timeframe looks interesting too, although not sure about todays action.
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