Now that the AGM and recent news flow is out of the way is PRR heading for the Doldrums or squally weather lol. Doldrums imply calm winds and consolidation range trading. Squally weather implies strong winds and share price volatility.
Between August and now we appear to have been in the doldrums with a few breakout attempts that ultimately failed. Guess we could call that action bearish.
As an academic exercise just wonder what others think looking ahead. My own opinion is that we may continue in the calm of the doldrums until the next bit of news with market conditions deciding whether we paddle North or South on most days. More News needed to breakout of the Doldrums. What do others including chartists say?
Now that the AGM and recent news flow is out of the way is PRR...
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Last
33.5¢ |
Change
-0.100(23.0%) |
Mkt cap ! $486.6M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 40.0¢ | 23.0¢ | $16.23M | 50.19M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 704297 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 102135 | 2 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| IMM (ASX) Chart |