brerwallabi said:By the way Bolnisi is very worthwhile watching too, i picked up a small parcel.
brerwallabi said:I always keep some stocks on my radar and this has been one, this was a good one to trade about this time last year went from low 70's to a $1.20. Its looking very close to that again, this was another small cap that I think became a victim of the China debate and combined with some doubt around it broken hill mine performence and its daisy milano gold op this cascaded down. I am back in and my expectection is a few good trades in riding this back up, those bollinger bands are very tight a break out it seems is looking to open.
This view should not be taken as advice of any form.
Porper are you still watching broke through 78which was my worry this time, now 80.5. I have held this time around, have bought and sold through previous ranging over the last 15 months and have managed to take advantage of any substanial previous rises as well, still believe this will go again, almost think I know it like the back of hand. Not one for the nervous though.Porper said:Very interesting reading peoples viewpoints and interpretation of charts.Only a beginner myself, but to my untrained eye I can't see any buy signals, only MACD, and this has not been appropriate for PEM.Seems to be in a downtred/ranging.If ADX started moving upwards towards 20 then I might think a breakout was on the cards.
As you say though brerwallabi, one to watch as it could well turn positive .
PEM still looks very healthy to me reentered early October and was able to take the benefit of the ride up to $1.00 and sold. Now back in @ .90c and holding, chart looks interesting, still trending up from mid July with a further upside indicated. Hey Porper did you ever buy this one.Porper said:Very interesting reading peoples viewpoints and interpretation of charts.Only a beginner myself, but to my untrained eye I can't see any buy signals, only MACD, and this has not been appropriate for PEM.Seems to be in a downtred/ranging.If ADX started moving upwards towards 20 then I might think a breakout was on the cards.
As you say though brerwallabi, one to watch as it could well turn positive .
Interesting but the chart looks somewhat different over a 12 month period and the last 5 1/2 months is a clear uptrend although some pullbacks on the way. What is helping this along the way is the zinc price, over the last few years I would say PEM has disappointed some hence the drop from the $1.20's of earlier this year but it is a junior miner and a diversified one at that and one that has encountered some setbacks on the way. It looks like a continuation of an upward trend to me.Ann said:Excuse my intrusion, may I offer a slightly less optimistic view of this stock?
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