Discl: Not Held

The PME chart is now looking a lot more interesting. A few things have happend:

1. The price looks to have exited the top range of the previous "state of purgatory" of $144.27

2. It has settled quite nicely into the support/ resistance zone between $158.78 and $167.48

3. It looks to have reversed trend from down to up, via a barely-there double bottom - what is encouraging is that the 3rd dip on 14 May 26 stayed above the previous dip of 31 Mar 26, AND the price has moved decisively past $144.27

Need to watch for the 200SMA above it at ~$210.90. Crossing that will be very nice indeed, then the next resistance level is $208.67-ish.

$144.27 should provide downside support. If it fails to hold, could mean going back to the state of purgatory.

Discl: Not Held

Updated PME chart.

• Still in Purgatory, bouncing in between the 111.75 and 144.27, touching neither levels
• It looked good in tracking upwards in early Mar 2026 but that move stalled at 140.85
• No indication of the direction of breakout.

Keeping a close watch to see if it will break the current 52 week low of 107.75 of 24 Feb 2026

Discl: Not Held, Fantasising Still ..

Never in my wildest dreams did I think I would actually be in any position to consider a position in PME - it was so far out of reach. But these are extraordinary times we live and invest in, so help me Lord!

PME is close to giving up all of its recent move from 161.64 in April 2025 to the peak at 336.00 on 17 Jul 2025. It has only been at these levels 2x prior to today - April 2025, then Sep 2024 prior to that.

Congestion/Support levels going back to June 2024 from here is $144.27, then $120.70

Is this the once-in-a-lifetime opportunity to finally open a position??