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fingers xxd - Tue, 20 Dec 05 :

FULLUP,

PXC - 11.35p
.. thanks for highlighting it again, and just at the right time by the look of it .. todays strong move, a 'closing high' not seen for 18 mths, and rising indicators suggesting the price is now entering a positive period .. is the first signal that it is moving away from its month long consolidation levels.



Todays volume was an increase on Mondays, but it is still rather low, so it now needs a few days of increasing volume to get the momentum moving.

I reckon it has been consolidating to build up the strength to try and break through the 12.25p 'buying peaks' of April last year, and if succesful, this would see the price at levels not seen for almost 5 yrs .. so it would be a major achievement, that could see the start of a strong uptrend up towards its upper range of around 18.00p - 22.50p .. so some major upside potential.



I have just checked the 100 % thread, and no-one has nominated PXC yet .. if you are interested in the thread, it may be worth considering getting in there quick before someone else nominates it.

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