Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Petrominerales Ltd PMGLF



GREY:PMGLF - Post by User

Post by jailtraderon Dec 12, 2011 9:00am
683 Views
Post# 19312446

GHigher volumes

GHigher volumesThere is, IMO, very little doubt that something is simmering under the surface. The ultra low trading volumes of late has given way to significant increases as buyers try to enter without pushing the price up, not likely to work though. As soon as the volume breaks out of a low trading pattern, such as the one we've had the last few weeks, those waiting for an appropriate entry point will figure it's now or never at these prices and the price will rise, this was evident Friday when we closed off with a nice inverted hammer. I had hoped we would break out and up out of the long wedge we've been sitting in on Friday and I believe we came close. Let's give it another go today.
<< Previous
Bullboard Posts
Next >>