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Premier - PMO

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7 years 3 months ago #15531 by Trendfriend
Replied by Trendfriend on topic Premier - PMO
pmo -daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...QvWZwWjJzqQ/9W+koAs=

Quick look at some stocks we have been following...

This is really struggling at the 200 day ema line atm...so its building the power to go one way or another....seeing as its spent around 2 weeks hanging around below the 200 day ema line...its highly likely to be a down move than up imvho...

atb, wdik, dyor,
trendfriend
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7 years 4 months ago #15508 by Paitech
Replied by Paitech on topic Premier - PMO
Out for a small loss

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7 years 4 months ago #15506 by Food4Thought
Replied by Food4Thought on topic Premier - PMO
that's a very odd trendline you've drawn there trend by any measure!

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7 years 4 months ago #15505 by Trendfriend
Replied by Trendfriend on topic Premier - PMO
pmo - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...CF6kAaqAo+SZKvbxUMw=

this looks like its fallen below its rising trend channel...and closed below the 200 day ema line...at 108p ;)

while below that 108p on a eod closing basis...i think 80p is possible imvho...

atb, wdik, dyor,
trendfriend :)
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7 years 4 months ago #15503 by Paitech
Replied by Paitech on topic Premier - PMO
Bought in at 105p ,10k£

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7 years 11 months ago #15313 by Trendfriend
Replied by Trendfriend on topic Premier - PMO
pmo - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...s3ka0ZsdcQE3zM6J4%3D

this stock is also breaking down...also looks like a bear flag breakdown imvho....
This needs to hold the key 60p pivot level and the main trendline at around 58p....(rising a touch daily)

if those two levels fail....this is in real trouble....i said in the post below of 20p here again...off course that at this stage is quite unlikely....but if 60, and 58p fall here....that target is very much on imvho...

Paitech....you can draw the trendline like that if like....nothing wrong with your trendline....just need to bottoms to draw a trendline....however a trendline with more touches is reliable for trading....and relevant...that's why you have names for trendline....short term t/l...long term t/l....main t/l etc...

take care, and be lucky folks...
atb, wdik,dyor,
trendfriend
The following user(s) said Thank You: Paitech

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