Buyers in control as prices head higher

Potential Buy Entry Alert to Watch PEX

Time Frame : Daily

Sector : Materials/Basic Materials

Key Stats : $106.75 Million Market Cap, VWAP 0.495, ASX Ranking 749, 4 Week Av Turnover $45,933, Current Turnover (Intraday as at time of alert) $40,379.

Company Overview : Peel Mining Ltd (PEX) is an Australian company focused on exploring and developing precious base metals resources in NSW, Australia.

Broker Consensus : Not covered by a major broker

PEX- Peel Mining Limited

PEX is just starting to break up through the 0.50 zone as buyers step into the action to hold a higher level at 0.40. We are now watching for a higher low to confirm that buyers are in control and building for a move up through 0.60 to towards the highs at 0.80.

Stock Code : PEX – Peel Mining Limited

Company Website : www.peelmining.com.au

Current Price : 0.51

Status : On watch for potential higher low and push up through 0.60