https://mega.co.nz/
People can hate on Kim all you want but he does make things easy, heh. Once you've uploaded the file it will give you a link to share.
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https://mega.co.nz/
People can hate on Kim all you want but he does make things easy, heh. Once you've uploaded the file it will give you a link to share.
IMO, today is already shaping into a minor pullback. How far I don't know, but a close below the open, leaves us with a possible pin-bar set-up. Having said that, we still have an hour until the close, so anything might happen between now and then. You have been VERY patient, and a few cents here or there won't matter in the long run, so maybe wait and see what tomorrows PA brings. If it slides further, then about 50% down that big upthrust candle late last week should provide a good entry, else, just buy on the close tomorrow. DYOR, this is my view on very short term price action, not advice. I hold for long term, and am waiting for a trading account re-entry, having sold late morning today.
Just a little humble pie in my moose-shooting routine, and in the interests of full disclosure....I decided to take some profits today from the nice run PEB has had. I still own some PEB so have skin in the game, but am worried about the fierce resistance at 75cps. I will probably buy more again if it can close above that. I think some insto(s) has decided the company's present value is $200mil and until the insto is sold out, or something changes, they will keep the price at that level... in my humble opinion only.
ASX:CDY has an annual report out with substantial references to PEB.
Agree with you Xerof. However there are some very large buyers around that are playing it slowly and trying to not act too eager to ensure the price stays a bit lower. Like I said earlier on today, I think where this one goes in the short term is going to be determined by the big boys, so the charts may not be the best measure.
Another way to look at it is that the burst up through 68/70 last week took out the resistance from back in May, and that we are now establishing a base at that support level. A close below 68 would be an indicator that this level has failed, but before that happens it may be worthwhile leaving your money on the table....
Extracted from the ASX:CDY annual report released today:
"Commencement of sales in July triggered the issue of over 1m Pacific Edge shares with the value of over $600,000 at the time. Royalties on revenues are expected to paid to Cellmid semi-annually.
On the basis of sales projections released by Pacific Edge Cellmid is expected to receive regular royalties from this licence from late 2014"
Thanks for the reply, Xerof.
My TA is not a strongpoint so appreciate your input.
Higher lows since last week's up spike. .65 being the lowest. Looks like, in the short term at least, that could be a support? Drawing a trend from there we cross above 70 today. But not sure that would hold in a retrace. Stops close by would no doubt trigger and send it lower. Concur?
Oh yeah, it does look promising, also with first profits projected to come forward, I liked David's comments also suggesting some surprise that they had signed up FedMed so soon after achieving CLIA accreditation.
I don't see anything at present to support the concerns of one or two on the thread that the commercialisation plan is not on schedule. I’m seeing it as on track, maybe even a slightly ahead.
Each to our own perceptions, but I'd prefer the bears at least attempted to show some evidence to support their claims if they are going to make such comments, else their comments just seem like an attempt to scare the kids