PME is currently in an ascending channel with bearish RSI divergence. Has hit resistance at top of channel, stoploss above last swing high with target at next resistance level or could even come down to fill gap, moving SL to BE when safe to do so. RR 2:1
With This Stock. I purchased as RSI was looking to be close to overbought. Likely too aggressive a trade without confirmation. There have been several doji candles since with not much movement. DOes anyone have any thoughts or experience with what this might mean for upcoming price action up or down. 50/50 up down or more 70%/ 30% up down. Thanks if you...
Someone requested for this chart. Here's my 2cents on it : 1. Some simple mathematics - Top is around 38 dollars, low is at 15 dollars. Now, the price is around 27 dollars. If you measure it, you are somewhere in the middle range now. That means, if the price action favours you, you can make potentially 11 dollars profits. Else, you lose 12 dollars loss. Risk-...
Inverse Head and shoulder. Solid fundamentals. As always not Financial advise. Do your own research.
ASX:PME Price target is shown on the chart, extremely bullish during the pandemic. Good luck mates, don't miss the train!
It's a buy for me if $PME can close above the yellow line and above the 200 ma (red line). Thus, the resistance will turn to support with three moving averages acting as support too. There is a trendline at the bottom of the wicks which acting as support too. Technical indicators are turning bullish. Worth adding to your alerts and shortlist.
Looks like plenty of upside for PME now the falling wedge has broken out to the upside. Furthermore a fairly major resistance/support level has also broken through suggesting a bullish trend may resume. I'm thinking this could be a good spot to get in.
PME's uptrend over the 9 months of the start of the year is illustrated by the repeated completion of 9 count Demark Sequential sell setups, without a single completion of a 9 count buy set up over that period. PME has recently completed its first 9 count buy set up, resulting in a run up of over 10% in the space of 3 days, which was well contained by the...
After a solid 25% correction. This look ready for a pop to the upside potentially a 30% + gain
Leading medical imaging company setting up here nicely. High watch
$PME - PRO MEDICUS - One to watch for breakout Have held this one for a little while now and up a bit under 15% on it. It looks like it might be building towards a new breakout over its previous high. There isnt much volume behind the move at the moment, but one to keep en eye on. Pro Medicus Limited produces integrated software applications for the healthcare...
Strong performer PME is set for potential breakout of flag to continue trend. Chart can also break down to rising support level. Appears to be in phase 2 of 'hyperwave, although too early to determine'
Strong moves to the upside in the past week with supporting volume. Share prices closed at 8.38 in today's session close to 8.45 resistance. A break above 8.45 could see prices move up to 8.97 resistance price point