PRR's price action has been bullish as of late. There has been a...

PRR's price action has been bullish as of late. There has been a short term upwards trend from 15c over the past month or so. This change in trend coincides with the price breaking through the medium term downwards trendline going back a few months.

On days of severe world panic, the price has dropped maybe 2.5 to 5 percent... on extremely low volumes. The next bullish day that usually happens, the price recovers on better volume than what it fell on.

We are literally out of 'serious' sellers. Have the sellers realised that if they push the price below support, others will snap them up and they won't be able to cover their short positions? Maybe this is what has happened when they tried going below 14.5c and it backfired. A solid support has formed at 16.5-17.0c. The stock has been absolutely sold to death and continued to fall through constant good news which would have sent the stock flying through the roof in a bullish market.

The only thing stopping Prima right now is fear of entering the stock market. In my opinion, it would take a huge market crash to break support. For now, it is holding up well.