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PEH - Massive Breakout Alert!, page-292

  1. 7,385 Posts.
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    I have just been thinking......

    Yesterday low volume slight retrace most of the selling in the arvo at 14.5 was probably T+3 from the day before, so forced sellers.

    We saw strong buying over the last 2 weeks and broker data supports a re-rate

    International news imminent as announcement on the 23/7 suggests

    This is a pause fairly near to the resistance point and high, wouldn't take much to push it above 16.5-17c

    IMO - If your keen on buying think now before it breaks out - pause always provides a good entry if to play it smart.
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