today a shooting candle so far
43-45-43
Last time at 43-50 we saw 3-4 shooting candles which I rightly called bearish to much abuse but was right.
So this is the first at this top range of 43-50 so far on this run.
The daily chart shows an unsupported runup and selldown so INSTOs started shorting again at 44-45.
We will see if they keep doing this at the annual high point.
I called the annual high point last year as 45-50 and drop away to 30-33, spot on!
This time the high has hit early in the gold bull season of Dec-April, last year the highs were in April-June
but ended with a triple top at 50c on 16 April 7 May and 9 July (went for 2-3 months)
PRU is an INSTO controlled trading stock so this pattern may likely repeat robotically.
I called a top out apparent again at 47-55 with the prior top out at 45-50 being the resistance.
Didnt expect an early topout today so wait and see next few trading days as to the bulls response to the INSTO selling/shorting.
PRU chart patterns are very predictable.
Thats why INSTOs trade this stock up and down.
Buyzone was 30-35
Sell zone is 45-55 as usual, we will see...
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Last
$2.69 |
Change
0.150(5.91%) |
Mkt cap ! $3.700B |
Open | High | Low | Value | Volume |
$2.56 | $2.75 | $2.56 | $24.06M | 8.983M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 75910 | $2.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.70 | 74415 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 75910 | 2.680 |
6 | 99575 | 2.670 |
2 | 41018 | 2.660 |
5 | 89518 | 2.650 |
1 | 7380 | 2.640 |
Price($) | Vol. | No. |
---|---|---|
2.700 | 74415 | 3 |
2.720 | 41018 | 2 |
2.730 | 50088 | 5 |
2.740 | 43188 | 3 |
2.750 | 59738 | 10 |
Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
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