PYR trade ideas
Pyrogenesis a sustainable solution
Pyrogenesis is a company that works with pyrolysis. Pyrolysis is the thermal decomposition of materials at high temperatures in an inert atmosphere, producing gases, liquids, and solid residues, that can be used as energy resources. This can be done with plastic meterials which makes it very sustanible. This could be a protential for a good future.
For the technical analysis, the prices has hitted a double buttom at 0.40 and the RSI is beginning to stabilize. It had its peak just before corona at 12 which means that the company ones had the ability to be at that rate. Companies like NYSE:CVNA , NASDAQ:UPST , OMXCOP:NETC has shown sign of reversal. Why wouldn't pyrogenesis fly?
PYR bull flagpattern + Story ... Lets go!!! big news plus this bull flag pattern. hope to see this go into the 20s
PyroGenesis Stock IdeaLooking for a strong rejection above the 6.79 price area. Should we have a strong break, we can target the 8.25 area for profits as we look into the fundamentals that bring in capital to the firm.
