In the absence of any announcement, I would expect the end of the accumulation period to be definitely over by September 17th.
There has been a low @ 0.033, but overall I reckon the horizontal channel has been holding quite strong.
Both Bollinger are flat and parallel, ie there is no variation of the standard deviation, centered around the same mean value.
Best way to describe that sellers and buyers are still agreeing on the current prices. within that range.
RSI is still very equilibrated too, slightly under 0.5.
The lagging span is getting very close the hitting the candles from August 6th, could the bounce happen sooner ? or will it cross for a few days and escape to the North next mid-week ?
Tenkan Sen and Kidjun have just crossed, but are still very close. Nothing to get worried from . The cloud is still trending upward.
The super trend is still green and stable.
Should there be another attempt to reach the 0.033 mark in the next few days, it would likely hit the SMA 50 and thus be the signal any are looking at to jump in the frenzy train again.
If not accumulating, hold...
In the absence of any announcement, I would expect the end of...
-
- There are more pages in this discussion • 97 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PRL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.44M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| PRL (ASX) Chart |
Day chart unavailable