PLA 0.00% 6.7¢ platinum australia limited

next retracement level, page-2

  1. 1,245 Posts.
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    Hi jvegas

    Looks like 10/9.9cents was tested today and held. Strong buying support coming back in at 10cents.

    Volumes are dropping off. So to me (a amateur in technical analysis) it looks like there are quite a few stale buyers above 10.5cents, but not necessarily willing sellers below 10cents?

    I didn't think it would come back to these levels, but it now looks to me that it wont get anywhere near 8.7cents, that is at-least before we hear an announcement from the company in the coming week.

    It is my believe that the company presents deep value at these levels. But please DYOR.

    Gus
 
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