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...
- Forums
- ASX - By Stock
- PRU Target Price : 70 Cents
today a shooting candle so far 43-45-43 Last time at 43-50 we...
-
- There are more pages in this discussion • 74 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PRU (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.35 |
Change
0.020(0.86%) |
Mkt cap ! $3.235B |
Open | High | Low | Value | Volume |
$2.38 | $2.38 | $2.34 | $2.155M | 914.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
47 | 58036 | $2.34 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.35 | 93730 | 72 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
45 | 59938 | 2.340 |
31 | 108242 | 2.330 |
18 | 80666 | 2.320 |
14 | 79020 | 2.310 |
9 | 248474 | 2.300 |
Price($) | Vol. | No. |
---|---|---|
2.350 | 92515 | 70 |
2.360 | 96982 | 31 |
2.370 | 77840 | 21 |
2.380 | 123165 | 18 |
2.390 | 370647 | 16 |
Last trade - 13.13pm 19/06/2024 (20 minute delay) ? |
Featured News
PRU (ASX) Chart |
The Watchlist
P.HOTC
HotCopper
Don Currie, CEO
Don Currie
CEO
Previous Video
Next Video
SPONSORED BY The Market Online