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Painted Pony Pete Ltd PDPYF

Energy
"Painted Pony Energy Ltd Petroleum explores, develops, and produces petroleum and natural gas. The company focuses on the development of natural gas and natural gas liquids. The company's operations take place near the Montney formation in Northeast British Columbia. The Montney location is a sweet natural gas-saturated zone (natural gas that does not contain hydrogen sulfide or significant quantities of carbon dioxide) with no associated or underlying water. The company also has multiple gas pr


OTCPK:PDPYF - Post by User

Painted Pony Pete Ltd
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Comment by Tweedledeon Apr 10, 2019 3:01pm
236 Views
Post# 29608637

RE:It seems

RE:It seems
Your thesis for an inflection is "sentiment is fickle". PONY moved up on its own momentum after last ER. It had nothing to do with overall industry sentiment. As far as this week is concerned, Mondays volume: 775k. Tuesday volume: 855k. Today 3pm: 1.1M volume. The price is certainly been stable enough this week. RSI is 55, which is neither oversold or overbought. And finally, the TA shows a clear cup and handle forming, which is a bullish pattern. But hey, sentiment is fickle eh. Jesus that's some top notch DD right there.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities