@MoazzarcI think it's time for a new thread PAR 2022 and...

@Moazzarc
I think it's time for a new thread PAR 2022 and beyond.
To start with the facts & Baker Young analysis..
Who better to start it than you.
Too much overdone up and down ramping in the old threads.
We need to focus on 008 and 002 and any MPS positives on the news front.
IMO we have reached a low point.
Although we don't know how Ukraine will affect other issues, like inflation and supply chain, we do know there will be some news from PAR by end year and we do know with a high degree of confidence that the Zilosul story is likely to be positive because we know the facts of the phase II trials.
We get too caught up defending against down-rampers.
We need to restate all the positives.
DYOR.

I don't rely on charts but they are fun to look at.
There was a 10m burst of volume back some months, around the time of the ind, and a higher burst in the first six months of last year

That volume represents people with either regret or comfort at the present time in relation to their purchase price.
Some may be averaging up.
Some with regret, may have exited. One view is that it takes a corresponding volume of sales to remove all regret that is overhanging.

As i infer, and others might reach a different conclusion, is that sentiment affects to some extent, resistance and support.
The volumes in 2020 are notably higher than in 2021. So i am thinking a lot of that sentiment has had time to be removed by sellers. Just IMO. Now we have some recent overhang with lower volumes, so i expect some resistance, but i also see grounds for their being support (caveat Ukraine etc).
So i am optimistic.
You can google "sentiment" and some other terms in relation to stock market prices and develop your own opinion..
IMO.
DYOR.