i hardly look at the chart of pet. this stock is news drive to an extreme extent, more so than perhaps any oil and petrol stock in the world, which generally tend to be very news drive and subject to geo-political forces.
just to say, that when the stock rose a couple of weeks back by some 33% the move have been rather critical since the stock had sank from its 4p range and had entered the 30p range. but the said rise saw the stock assuming its earlier naturla level in the 40's
additionally, the previous rise saw the stock cross over its long term ma, so has today's rise.
i suggest that the price of this stock for the time being would be very much psychologically driven. so we would have had the 50's, the 40's and more lately the 30.s. we are now back in the 40's. good news. better further, to see the stock entering its 50's
