Something is brewing on the charts. I like it.17 Jan 2022 20:25
Hey guys. I hope everyone is well. Something is brewing with PHE, IMO. I can see it on the charts. For the second time now in a short period, we have a collection of "double bottoms" forming along key areas of the charts. The last time this occurred was prior to the announcement of the Linde framework deal in conjunction with HUI. We all know the rest. Price pushed up from 3.9p & went on to test 6.9 pence. Bear in mind I actually called the bigger move when the price was sub 3 pence.
Not only did we have unprecedented volume we had this unique set-up, prior to the volume. I was disappointed, like many here, that the price did not go on to break the 7 pence mark. However, things happen for reasons. Here we find ourselves, again, looking at a similar set-up on the charts. Forming at key areas of support. I felt compelled to share my findings with this board as I respect the work & opinions of many here.
Up to now, I have only shared these chart ideas with my own Telegram group. I will be publishing them on Twitter over the coming days.
I don't know what is coming but I think it will happen soon? I think it will motivate strong buying & it is looking very good, IMO. Chart links are below. Thank you, Swazers.
https://www.tradingview.com/x/Z74Alhfq/ https://www.tradingview.com/x/sjMYwXms/ https://www.tradingview.com/x/q1QRYXub/