Ann: Appendix 4C - quarterly , page-31

Hey Vendor & Missrosie:

Vendor: Yep there is that gap, but there is also the strong support at 26c and another very solid support level @ 18-19c'ish from memory. Hate it when these little guys gap up, leaves that niggling thing in your head that is very very hard to ignore. >___<

Missrosie: I commented about the dragonfly doji earlier but had a minor emergency and had to run off before fully explaining or at least trying to explain.

So here goes an attempt at explaining: Good support @ 26c share price pierced through but bounced back to close near open price on reasonably good volume.

A dragonfly doji pattern can be a relatively difficult chart pattern to find, but when it is found within a defined trend it can be a fairly reliable signal that the trend is about to change direction. As you can see from the chart, on the day of the dragonfly doji (shown within the black box), traders realize that the price was sold down to unjustifiably low levels so they send the price back up to where the stock opened. The close near the day's open suggests that demand is again starting to outweigh supply.

This is the daily candlestick but I believe the weekly candle may be telling a similar story showing a sign of Bullish rejection below the 26c level. (Meaning the Bulls seemed to jump on it today rejecting any lower levels)

I dont hold PRR and very trigger shy at the moment, but I am watching it very closely. Looking for more confirmation & I am by no means as skilled at charting as Vendor & eagerly await his constructive criticism.