PRU 5.18% $2.64 perseus mining limited

yeh gap @ 30, which needs to be acknowledge just as much as the...

  1. 1,032 Posts.
    yeh gap @ 30, which needs to be acknowledge just as much as the gap at 1.70

    the pru chart looks really nice, i will be buying every opportunity when the chart meets my criteria.

    the negativity is nothing but a look @ the other side of the storey and is worth noting, it dosnt mean prus going to crash lol, its just an observation to say, this times differnt and if the shareprice is moving at a relationship of 14:1 as the example suggests and if we get downside in spot gold this can move hard and fast just like we have seen it run up.....

    ill give u an example, today gold is trading @ .5% to the downside, if we continue to hold these lows and possibly see downside in spot over night of 1%, we COULD possibly see a move tomorrow 14% to the downside.

    and this works on the way up also....and what ive noticed lately is the move will become before the open, causing gaps....this would explain the 4 gaps from mid January to now.

    i think if you lookd at the % move from the gaps in relation to the POG movement it should equate to 5:1

    ill have a look.

 
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Last trade - 16.10pm 11/07/2024 (20 minute delay) ?
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