PRU 0.73% $2.77 perseus mining limited

Ann: June Quarter Report, page-35

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  1. 10,714 Posts.
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    Yeah, its obviously having an impact and when you take into account the weakness of the sector itself then sentiment weakens even more which begets more selling. Its only weak hands selling. Unless something changes. The volume is nothing serious.

    Daily on PRU with technicals becoming weak to oversold. The trendline could get hit but its already moving into bargain territory from what I can see but this game is going to get seriously volatile as we move deeper into the Witches Brew.

    https://hotcopper.com.au/data/attachments/6368/6368282-8fed085832d341942ac523635e1b268f.jpg

    Here's an hourly on gold with $2400 being their pivot where they create volatility around to fearmonger and rinse traders. Once gold breaks back above $2400 at this point then they are starting to backtrack so related shares should begin to recover. We shall see.

    https://hotcopper.com.au/data/attachments/6368/6368332-c15bbd971965ec27fa628ca956234cb0.jpg






 
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