PSA 0.00% 2.1¢ petsec energy limited

nice push but...

  1. 10,543 Posts.
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    ..in todays price action but there are two worries.

    One, this PSA and AYO trade beautifully to technical indicators. On that basis PSA looks set to revisit the mid to high 40's before it takes it next sustained run. (AYO likewise looking for 78c imo.)

    Secondly, as quickly as someone is busying buying up, the bid depth is disappearing behind them. Well, bidders come and go but....

    Fel free to ignore this. Fundamental info very much appreciated by those posting it. Thanks guys.
 
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