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Another bounce- with chart

  1. woddonnee

    5,382 Posts.

    27/06/02
    21:42:25
    31221
     
    G'day
    Maybe finally bouncing higher now? Early call I know. Back in yesterday at $2.19 (hope your not angry at me T?). Held today, chart indicates a bit of a run to me, we'll see. Any clues as to what may happen tomorrow in regard to end or year? I feel that the time is drawing nye for the big patent (and probably royalty) announcement, followers won't sit on the sidelines much longer. Then again I did say we could probably kiss good-bye to $3 a while back. Stop losses are wonderful things.
    cheers
    Rod
    Below are 2 charts, 6 month daily, shows a double bottom and higher low on the rsi which has kicked up from 20ish.
    Underneath 10 day hourly, less compelling but never the less, encouraging.
    Other views welcome, especially JR's :-)



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    PTD (ASX)
    Price at posting: 0.0¢
    Sentiment: None
    Disclosure: Not Held

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