Hey Guys I finally signed up so I could post tonight, been keeping up here since the changeover though :-) Welcome to everyone and nice to see many here from the other side ;-)))
Looks to me like several TA indicators have bottomed and/or moving up now some about to turn bullish. Umpy's downtrend line 2 mentioned before sp just barely broke above it today thus the higher volume, I believe tomorrow will be follow through with a higher volume/sp close IMO. Sparky0 mentioned awhile back of a possible double bottom again well imo this is it at .27 (I see two now 1 small one in the last few days forming and the other from the .23 low till this .27 low now).
I haven't figured out how to post pics here yet and it's real late so hopefully one of the TA pros can throw one up soon, maybe they will even have something similar to say as me (fingers crossed) ;-)
With $USD falling apart and Gold trading over $760+ now (Japan's grannies pushing gold hard in asian trading tonight :-)) and with commodities also going wild, the venture moving in leaps and bounds it all leads me to believe PLE will start moving up very nicely now specially with some exposure lately and hopefully the infamous accord signing around the corner will blast this baby off!
Hopefully nothing gets in the way of all the stars and moons lining up this time cause it sure is getting hard to hold this stock (for me specially as I am all in heavy ) with the venture moving the way it is. Although the accumulation on it has been great last good awhile for sure with very little dumping going on.
I will go out on a limb and say that IMO when the sp breaks through the resistance in the low .30's I think it will have a nice little run, then hopefully Guy follows up with the BIG NR lighting the boosters up on this rocket ship! :-)
GLTA PLE'ers Y;-)
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