tuesday??, page-24

first I want to put a disclaimer - the only reason I post TA on the PRR thread is because until a few months ago I held PRR as a long term investment, but sold almost all my positions due to terrible uncertainty in the markets. I come here because I follow PRR and still see it as a LT investment when market stabilise

disco gotta disagree with your interpretation of the oscillators:

the RSI has made 2 bullish swing failures, and the bullish momentum that those two signals inidicate has yet to be challenged - the RSI, as far as I can tell, despite turning down slightly, has yet to breach the level of the last RSI swing high, and so the bullish trend in momentum is definitely still in place;

the indicator above the RSI is neutral - its turned out of "oversold", but that doesn't really mean much until it confirms its next high - if it peaks back up into "oversold" thats very strong, if it makes a significantly lower high on the next swing it indictes a breakdown in momentum. remember oscillators can remain "oversold" or "overbought" for a long time

IMO the PRR chart looks good after today very low volume test, would be a buyer and back into my LT position if it wasn't for general market anxiety

enjoying your posts on XJO thread mate, good stuff, and good luck to LT PRR holders