IMO all is good with PRR.
RSI have been strengthening since middle December 2011
Higher volumes since February 2012
Daily candles within a standard deviation channel since December 2011.
If you were a buyer 29 or 30 December when a MACD cross over took place you would be happy as Larry right now with an entry at 15-16c.
Did anyone really and realistically believe that it would have been a massive increase today?
Trade PRR as you see it from day to day or be a holder, IMO either way there is and will be money to make if you have patience.
I think this is great to see the steady increase in the share price following a standard deviation channel where you always have up and down days.
I would be surprised if the gap is filled before next leg up.
All in my opinion.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
---|---|---|
42.5¢ | 30850 | 2 |
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1 | 2700 | 0.405 |
4 | 77500 | 0.400 |
5 | 89711 | 0.395 |
9 | 535780 | 0.390 |
8 | 278921 | 0.385 |
Price($) | Vol. | No. |
---|---|---|
0.425 | 15972 | 1 |
0.430 | 114810 | 6 |
0.435 | 47564 | 2 |
0.440 | 51000 | 4 |
0.445 | 11000 | 2 |
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