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PMO
6 years 8 months ago #15962
by Shotry
PMO SP seems to trying for the upside from a triangle pattern. If it closes above 82.5 there is a logical target around 97p and some technical resistances above that level. There's a gap to close on the daily/2h chart to 84.7/84.5.
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6 years 8 months ago #15967
by Trendfriend
Replied by Trendfriend on topic PMO
pmo - daily
uk.advfn.com/p.php?pid=chartscreenshotsh...xX87HKeBfSmxL3hlXfk=
breaking out from where?
careful this may go up to 88p area(if that)imvho....so buying now close to resistance is very risky...
need a 3 x close or weekly close above the 200 day ema line for higher....
atm, 88p and then 90p no break no higher...
atb, wdik, dyor,
trendfriend
uk.advfn.com/p.php?pid=chartscreenshotsh...xX87HKeBfSmxL3hlXfk=
breaking out from where?
careful this may go up to 88p area(if that)imvho....so buying now close to resistance is very risky...
need a 3 x close or weekly close above the 200 day ema line for higher....
atm, 88p and then 90p no break no higher...
atb, wdik, dyor,
trendfriend
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6 years 8 months ago - 6 years 8 months ago #15970
by remo
Looks bullish short term..
this needs to stay above 82 and also cannot drop below the new uptrend line that's formed recently.
I suspect this is going to test 92.8 down trendline.
Its closed the gap at 84.65 just so happens to be the high today..lol
Support....82,,,,78.8,,,
Resistance...85.7 (200 ema),,,,92.8 (main down trend line),,,,102,,,110
this needs to stay above 82 and also cannot drop below the new uptrend line that's formed recently.
I suspect this is going to test 92.8 down trendline.
Its closed the gap at 84.65 just so happens to be the high today..lol
Support....82,,,,78.8,,,
Resistance...85.7 (200 ema),,,,92.8 (main down trend line),,,,102,,,110
Last edit: 6 years 8 months ago by remo.
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