Compliments www.chartchat.com.au
PMH has formed a classic Pennant formation considered a bullish chart pattern. A break of the descending trend line of $0.53 would project a pattern target of around $0.78.Chart Chat notes are based on our experience of applying technical analysis to the market and are designed to be used as a tutorial showing how technical analysis can be applied to a chart in real time to identify potential profitable trades
PMH has formed a classic Pennant formation considered a bullish chart pattern. A break of the descending trend line of $0.53 would project a pattern target of around $0.78.