Hi Ray,
you pose a great question about PRR's movements in line with the XAO.
There have been many similarities with the movement of the two.
If PRR continue to do so, i would be acting in a very cautious manner.
The reason i say to be cautious is because i believe over the next few weeks we will find out which direction the market will take.
I personally dont like the technical look of the XAO at the moment and with resistance at about 4380 and 4500 we could see the xao fall due to resistance.
If it does fall next support is around the 3700 level.
If as you suggest PRR is tracking the XAO, will this affect the future direction and price or will it buck the trend??
Cheers
Hi Ray,you pose a great question about PRR's movements in line...
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Last
29.5¢ |
Change
0.005(1.72%) |
Mkt cap ! $428.5M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 30.5¢ | 28.5¢ | $469.8K | 1.579M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 297652 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 7500 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| IMM (ASX) Chart |