PRX 0.00% 0.2¢ prodigy gold nl

I'm not necessarily looking for a 4.2 close today (but it would...

  1. 14,321 Posts.
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    I'm not necessarily looking for a 4.2 close today (but it would be good to see).
    I do expect to see it after we announce our first results from OP and hopefully they are very near.
    Once we have formed an uptrend and broken the 6 month down trend (and we are so close to that now), many more traders/investors will be interested in buying on newsflow and anticipation of news than we have seen while in this 6 month downtrend.
    Many simply don't buy while a stock is trending down.
    Once that changes to an uptrend we may get a flood of fresh buyers and be surprised by the moves in the sp.
    The 3 year longer term trend is still up of course and when we move up off that line, we have always at least doubled as my chart yesterday showed.
    Here is that chart again for those new here today.
    It is a monthly, not daily chart to show the seasonal swings more clearly.
    Below that, the daily chart shows how close we are to forming an uptrend and breaking out of this downtrend.



 
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