hi ray, eagle, robhood,
Eagle, i actually made a statement to say the last few weeks has been a good run on PRR and it has!!
There is no negative and not meant to be a negative in that, as PRR has run very well.
Eagle, you are quite savy when it comes to TA, have a look ahead and see if you can see any resistance in the near future??
Actually on all charts, monthly weekly and daily there is a falling trend line that is showing resistance shall be met soon!! - fact, not meant to be a negative or positive, its a neutral statement!! I'm not into old fashioned gut instinct, i will trade very methodically and if i dont like the entry i wont enter.
I have decided to take a healthy profit on the basis that it is very near resitance. The trend at present though is up.
What i would like to see is a break of the resistance for a re-entry, from a TA point of view that makes perfect sense?? Yeah?
Eagle, if i have to re-enter at a slightly higher price so be it, that really doesnt bother me. resistance is a little ahead. (oops, not pos or neg just an observation)
Thanks inter web it makes things much easier...
Cheers
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