Premier - PMO

pmo - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...zncZmfn8z4rFEpBgFS0=

double top here imvho...doesn't mean its not going higher, and if one has soem kind of fundamantel insight here then more then entitled to hold, and see if it breaks higher....

As far as the technical's are concerned, the rule "if you see a double top, you sell a double top" comes to mind.

especially considering you can jump back on board on break higher....

off course all imvho....


atb, wdik, dyor,
trendfriend

Breakout progressing nicely with confirming volume but that's 5 gaps up now so it needs to retrace.

Some crystal ball gazing:
Ops report out today and with next resistance at 103.44 it's a nice place to retrace from if the RNS gives a little extra than expected. 61.8% retracement of recent move takes us nicely back to the 86.75 resistance mark, now support and 23.6% of the whole move from 42.75 gives us 89, so a retrace to between these two levels would allow a steady move higher.





An ops report with expected detail might touch 100 before retrace. This gives a target of between 85.50 and 86.50 by the same means. 86.75 is the key support once again.




Let's see what happens.

F4T

I have a TL breakout last week on daily and RSI breakouts on daily and weekly. Current resistance at 86.75 but if this falls the 98-100 area is next. Various rising supports between 72 and 75.

I have an initial short term target of 131-137 being SMA's on weekly and monthly but see this rising through 2018 with the usual retraces.

F4T

pmo - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...2hxQp5MR1XFci4q51cc=

This is in a nice uptrend.
It could retrace a tad to the bottom of the trend channel, so the ideal entry would be around 72p (rising a touch daily)

below 72p calls for lower levels..... so stops below 70p imvho.

atb, wdik, dyor,
trendfriend

TF, all,
Needs your comments on here...
I bought these ones at 80p, reason is attached chart. I should have bought them, as soon as it broken up the neck line at 70p. I was tempted at 74p, did hold back...
What are the views going ahead on this?

seekingalpha.com/article/4133987-premier...-stock-several-times

ta
G

Todays low of 63.25 @ 10.30am is neckline for Inv H&S. If this breaks....

Buy Target 59p, being:

Daily
61.8% fib of latest move
50SMA
Hourly
200SMA

F4T