None of what I have been looking at from a TA perspective looks any good...
first set-up using some basic Median Line Theory: The Fail
then the latest construct using the same modelling - still looks bleak... The Gap or target 22 cent...
In light of the general drag global markets are having on the ASX and PRR, The Gap looks the more likely outcome..
Unless of course our esteemed Board hasn't turned chicken, and can instead pull the NASDAQ rabbit out of a hat over the next few days..
Or maybe europe will surprise by winning some mega huge US lotto this weekend... nah...
good luck
median line analysis...
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