PRR weekly chart for anyone interested, followed by a monthly
on the monthly I've highlighted all the narrow spread level/down closing bars that have low volume,
Q. what normally happens to the shareprice after these bars ?? :)
also ref LCT, have a look at it on a monthly chart and basically do the same thing
look for the most narrow spread bar in the last couple of years, what followed it was a similar spread bar, following it was an even narrower inside bar and then we have this month :)
PRR weekly
P.S. forgot to add if it backs up it should only do so on less volume and a narrower spread bar
PRR monthly
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