PEH - Massive Breakout Alert!, page-160

Morning all,

Just thought would pop in this morning to say PEH is about to erupt ... Soooo much accumulation going on and the SP is coiling hard ready for a solid spring up any day now. Watching the dump into 12c yesterday im sure was a tactic to try set some stops off and cause a small sell off. What I did see was buyers build straight back up at 12c and start line wiping 12.5c and even 13c . This is action of a smart broker/group of investors taking advantage of the drying up supply.... (They linewipe 12.5-13c than test the seller by not buying again for awhile and pull there buys, seller gets impatient sells down buyers return with there ute and load up) same cycle everyday . Watch what happens when we have a small volume day with a small spread Bingo supply gone .... BULLISH cycle......

14c minor resistance
17c major resistance
23c was pennant target
39.5c gap target (my target)

Watch this space come AUGUST....