PRU 1.29% $2.36 perseus mining limited

PRU Target Price : 70 Cents, page-436

  1. 2,060 Posts.
    lightbulb Created with Sketch. 1393
    today a shooting candle so far
    43-45-43

    Last time at 43-50 we saw 3-4 shooting candles which I rightly called bearish to much abuse but was right.
    So this is the first at this top range of 43-50 so far on this run.
    The daily chart shows an unsupported runup and selldown so INSTOs started shorting again at 44-45.
    We will see if they keep doing this at the annual high point.

    I called the annual high point last year as 45-50 and drop away to 30-33, spot on!
    This time the high has hit early in the gold bull season of Dec-April, last year the highs were in April-June
    but ended with a triple top at 50c on 16 April 7 May and 9 July (went for 2-3 months)

    PRU is an INSTO controlled trading stock so this pattern may likely repeat robotically.
    I called a top out apparent again at 47-55 with the prior top out at 45-50 being the resistance.
    Didnt expect an early topout today so wait and see next few trading days as to the bulls response to the INSTO selling/shorting.

    PRU chart patterns are very predictable.
    Thats why INSTOs trade this stock up and down.
    Buyzone was 30-35
    Sell zone is 45-55 as usual, we will see...
 
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Last
$2.36
Change
0.030(1.29%)
Mkt cap ! $3.242B
Open High Low Value Volume
$2.38 $2.38 $2.34 $5.298M 2.250M

Buyers (Bids)

No. Vol. Price($)
8 42814 $2.34
 

Sellers (Offers)

Price($) Vol. No.
$2.36 159483 8
View Market Depth
Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
PRU (ASX) Chart
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