PRU - breakoutWow, perseus has broken out hard.
2 gaps on the daily chart.
But looking at the month chart , it has clearly
broken the fibonacci resistance level of 61%
-- Target area is now $4.
it has been a bumpy ride up but its going to pay
off soon. The rich and powerful can control things to an extent but natures laws always balance out things.
PRU trade ideas
RiskMastery's Red Flag Stocks - PRU EditionWelcome to RiskMastery's Red Flag Stocks - Stocks with bearish potential.
In this edition, we'll be looking at ASX:PRU ...
I believe this code is at a point of potential volatility.
If price can hold below $1.670 ... Bearish potential may be unlocked.
My key downside targets include:
- $1.535 (Conservative)
- $1.195 (Medium)
- $0.985 (Aggressive)
If however price breaks above $1.860 ... Bullish potential may be unlocked.
(My key risk targets - C, M,& A - are as noted on the chart)
Enjoy, and I look forward to being of further service into the future.
If you'd like to connect, feel free to reach out and comment below.
Mr RM | Risk Mastery
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2Week PRUTEST RSI showing a breakout could happen.
price chart looks bullish and up trend is visibly in place.
price has broken out with a strong green candle
closing higher than the prev 2W closing high.
** RSI showing congestion.
RSI will lead the price breakout. buy PRU
if RSI breaks from the resistance level.
RSI also holding mostly above 50 which confirms
bull market is in place.
WE hold long term and will continue to hold while RSI
ranges from 50-80.
GET READY to sell when RSI falls under 50 and makes new lows.