PRU 2.93% $2.46 perseus mining limited

PRU Target Price : 70 Cents, page-436

  1. 2,060 Posts.
    lightbulb Created with Sketch. 1393
    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
$2.46
Change
0.070(2.93%)
Mkt cap ! $3.379B
Open High Low Value Volume
$2.48 $2.48 $2.42 $44.51M 18.11M

Buyers (Bids)

No. Vol. Price($)
4 572374 $2.46
 

Sellers (Offers)

Price($) Vol. No.
$2.47 489185 15
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
PRU (ASX) Chart
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