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Pacific Edge

Pacific Edge

Pacific Edge (ASX: PEB): Testing Critical Resistance, Breakout or Reversal Ahead?

May 19, 2026

Proactive Equities Team

Pacific Edge (ASX: PEB) tests critical resistance near 0.240 after surging on draft Medicare coverage, a 75% increase in reimbursement rates, and a NZ$25.4 million capital raise. Strong volume supports the rally, but RSI near 70 warns of potential pullback risk.