PKW - 100.50p .. this is one that I have held for a few years, and closely follow .. I have highlighted it on previous occasions, and its recent movement suggests that it may be worth highlighting again.
The 'all-data' chart below shows the price recently making a strong upward move, taking it to a new 'all-time' high.
Zooming into its recent rise during Oct/Nov, it shows that during the last couple of weeks, the price has settled into a very 'tight trading range', around the support of the strong 'psychological' 100.00p level.
Thursday saw slight movement above this 'tight range', and this can be seen in more detail in the 'intraday' chart below.
This slight move may well be the first signal that the price is considering continuing its 'uptrend', and moving up into unchartered territory .. and if so, I reckon that the upside potential, will be far greater than the downside risk .. and with no 'historical' resistance levels to worry about, there is a good chance that the price could rise more easily ..
