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PMO

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5 years 10 months ago #16937 by Trendfriend
Replied by Trendfriend on topic PMO
pmo - daily
uk.advfn.com/p.php?pid=chartscreenshotsh...8SbRLdb/G+rg4JzaBOc=

just a couple of quick charts from the weekend which may be of interest.
this has broken below a rising trendline/triangle....and combined with a rsi break as well...i think it should be the start of another leg down imvho....possibly back to the lows at least. ;)

atb,wdik, dyor,
trendfriend :)
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5 years 7 months ago #17107 by Trendfriend
Replied by Trendfriend on topic PMO
pmo - daily
uk.advfn.com/p.php?pid=chartscreenshotsh...+LRIfWqP76r7W7TxwEw=

this should retest the lows imvho....question is with the massive dilution on the cards is it worth a long form that 14p area? :whistle:

atb, wdik, dyor,
trendfriend :)
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5 years 7 months ago #17108 by Paitech
Replied by Paitech on topic PMO
I had taken a position around 34 p, with tight stop loss, so got kicked out day before the bad news came out...
with more than 100% dilution, now I wont be buying this anymore... too risky...

Another oilies off my list now :D
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