PRU 0.21% $2.38 perseus mining limited

It's still trending higher on the monthly chart.Any technical...

  1. 3,756 Posts.
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    It's still trending higher on the monthly chart.
    Any technical analyst worth their salt will say the higher the frequency the lower the importance. Hence the monthly chart is the most important.
    Even the weekly chart shows a clear uptrend.
    You always change the timeline to suit your narrative Mr Skol.
    It was a sell at the top of the monthly upward trending channel.
    It's not a sell now.
    Look at the volume on the weekly, the selling is losing momentum.
    I'm tipping Van Eck's GDXJ rebalance was the main reason for PRU's recent waterfall pullback.
    https://hotcopper.com.au/data/attachments/5360/5360821-db250b1b2872c39c803fc64ad4a199d7.jpg



 
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