Moving nicely towards A $2 close. From a TA perspective I think...

  1. 814 Posts.
    Moving nicely towards A $2 close.
    From a TA perspective I think a wedge will form between $2 and $2.20 before the next break out.
    Unless QE2 gets in first and drives the hole market up,and PRG will rally nicely with the rest of the market.
    Another pull back could be on the cards if volume decreases on the up,may come back to $1.85 but I don't think so.
    Its a gamble to try to reposition yourself on volumes above 20,000 units on a thinly traded pull back especially.

    So for my mind I think $2.20 is around the next breakout level after $2 PRG should consolidate around these levels IMO.
    A minor pull back below $2 if volume decreases,thats where Ill add more,but must break $2.15 first.
    If QE2 gets in first all bets are off.

    Just my thoughts.

 
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(20min delay)
Last
$1.66
Change
-0.025(1.49%)
Mkt cap ! $185.9M
Open High Low Value Volume
$1.65 $1.66 $1.65 $5 3

Buyers (Bids)

No. Vol. Price($)
1 8305 $1.62
 

Sellers (Offers)

Price($) Vol. No.
$1.70 1000 1
View Market Depth
Last trade - 13.08pm 08/09/2025 (20 minute delay) ?
PRG (ASX) Chart
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