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Replies to #67462 on PCT Ltd (PCTL)

GenericGatsby

03/16/20 3:47 PM

#67478 RE: growinstax #67462

Tough to say. I don't know if anyone, be it MM or trading group, is dumb enough to try and play games with the share price anymore. Walls get broken down, artificial dips get rapidly filled; there's just too much risk involved in being a donkey anymore. I'd expect continued stairstepping upward as we periodically let the flippers out before moving up for the next leg. Green days with intraday consolidation. Red days have always been healthy and we generally move up substantially within the next day or two afterwards. The fact that we are continuously in the news means that more and more people who may have ignored us the first two or three times will finally be checking out what all the hubbub is about. That means we could have another day just like today, throwing technicals out the window for the time being.

To actually answer your question, I don't know if a retrace to 7 could happen, everyone would already be buying up as much as they could way before that. A dip to low-mid 8's would end up causing a bounce back to testing 10 cents, I think anyways. Not really an expert at random predictions, but I see no reason why we would go lower after Gary hinted in an interview that his sights are set on the entire U.K. National Health Service hospital syndicate.

Namaste Charting

03/16/20 4:47 PM

#67523 RE: growinstax #67462

It can gap & fly or it can wick fill to the 4 ema trend-line which I will see tomorrow likely low 0.07 to mid 0.07 or It can come back & test the big breakout level @ 0.04 0.042 but I'm pretty sure either this week or next we are sitting pretty @ 0.2 so flipping would be risky @ $pctl for sure