Early days and hard to chart after such a hefty fall from grace,...

Early days and hard to chart after such a hefty fall from grace, but PIR has historically traded very well on parallels. Even the CLN parallels worked perfectly after the name change and consolidation and I traded them all the way through. You can see the headway between 52 and 54 we hit today. The call of 60 I made earlier is based on the downtrend line. After seeing today's price action, I would say if and when we break 54 the 60 becomes the next big hurdle. I'd expect a retrace to retest the mid 50s from the topside (resistance becomes support) but the break of 60 will be significant. Then the 70 to 75 will be choppy again. Let's see if my crystal ball proves anywhere near correct.