PEB - Pacific Edge Ltd

[sharp]

Gut feeling tells me to buy - whilst news on PEB is quiet. Which I happily did.

[BFG]

Gut feeling tells me to buy - whilst news on PEB is quiet. Which I happily did.

Should have waited for the leg down and test of 73-74 monthly trendline. Charts just starting to turn from neutral to negative, albeit on low volume. No news is NOT good news for PEB!

[Dentie]

Attachment 6673

Another nice piece of graphical work by Mr H. Thank you.

Being unashamedly bullish....looks to me as though they have been jockeying for positions and now they are all poised at the start line - waiting for that inevitable charge forward.................

[Crystal Ball]

Another nice piece of graphical work by Mr H. Thank you.

Being unashamedly bullish....looks to me as though they have been jockeying for positions and now they are all poised at the start line - waiting for that inevitable charge forward.................

I like your style Dentie!

[BFG]

Looking poorly on the daily chart now that 80 has been broke again. Near-term triangle is about to break down. Support should be found at 76, 75 (psychological) and 71-72 (long-term uptrend support), so quite a significant amount of support there. PSAR on monthly says SELL though. Volume is low so not too convinced it will all break down.

Daily 1 year chart: http://www.bigcharts.com/advchart/fr...false&state=15

Monthly 3 year chart: http://www.bigcharts.com/advchart/fr...false&state=15

Verdict: PEB needs some good announcements very soon to keep these trends going. If not, and it all breaks down, expect a return to the 60s and maybe even 50s...

[robbo24]

PSAR on monthly says SELL though.

Does it? Looks to me like intramonth shareprice hasn't even hit the PSAR marker, let alone closed on/below it...

Don't call it too early, Chicken Little...

Edit:

Monthly 3 year chart: http://www.bigcharts.com/advchart/fr...false&state=15

Nevermind, monthly does say sell but your link to the "Monthly 3 year chart" is actually a link to the Weekly 3 Year Chart

[BFG]

Does it? Looks to me like intramonth shareprice hasn't even hit the PSAR marker, let alone closed on/below it...

Don't call it too early, Chicken Little...

Edit:



Nevermind, monthly does say sell but your link to the "Monthly 3 year chart" is actually a link to the Weekly 3 Year Chart

Should confirm your research before speaking Boy Who Called Wolf :P

Disc - Weekly and Monthly vary little/not at all

[robbo24]

Should confirm your research before speaking Boy Who Called Wolf :P

Disc - Weekly and Monthly vary little/not at all

Says the guy who posts a link to the weekly and calls it the monthly... Weekly psar is still fine, Humpty Dumpty.

[golden city]

probably people disapointing about the no news factor

[Baa_Baa]

Here's a price chart that needs something good to happen, even a snippet of good news might save 15-35% of the SP. A test of .76 looks likely. Upside resistance around .85. Downside potential .64 with .50 under that. Money flow is not encouraging.

BAAAttachment 6682