PEL
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0.00% 1.7¢ pelican resources limited

I note that the PEL chart has gapped up above its declining...

  1. Chuck
    12,600 Posts.
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    03/12/07
    21:53
    Post #: 3073227
    I note that the PEL chart has gapped up above its declining trend line, a powerful trend reversal signal. The same applies to the options (PELOA).

    Followers of this stock will be aware that we have been awaiting Phillipine Govt approval of the Romblon nickel project. While there has been no announcement as yet, the trading over the past two days is clearly indicative that moves are afoot.

    One to watch....
    PEL Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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