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Bullboard - Stock Discussion Forum Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Canada Inc. is a Canada-based high-tech company. It is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. Its... see more

TSX:PYR - Post Discussion

Pyrogenesis Canada Inc > STRONG SELL - Technical anaylsis
View:
Post by SigmundsID on Oct 19, 2020 10:16am

STRONG SELL - Technical anaylsis

Terrible technicals on this at the moment, I have never seen it so bad. Next stop appears to be the 100 ema @ $3.80, if we break below that, and it looks like we will, next stop is $2.85
Comment by kjs4381 on Oct 19, 2020 10:21am
Technicals don't take the bought deal into account. They are only as good as the information that they analyze. Jmo
Comment by SigmundsID on Oct 19, 2020 10:26am
Certainly they don't always account for potentials and so on, either way they do give a good snapshot of where we are at the moment and the direction of the stock in the near term, imo. Sure, great news could change that, but until that happens we're just dreaming 
Comment by therealmccoy on Oct 19, 2020 10:36am
Give it a rest SigmundsID.  Your first post about technical analysis had no graphs/supporting evidence regarding your "claim"/suggestion.  Anyone can say stuff about technical analysis, candles, etc., but try backing it up.  (Let's see a graph or analysis). A cursory look of your post history says you sold your stock, while at the same time saying you wish you shorted ...more  
Comment by SigmundsID on Oct 19, 2020 10:44am
We've plunged all the way down to the 100 day ema, and looking toward the 200 from here The RSI is 39 - not much buying or interest We are trading under the VWAP - indicating a downtrend I tried to post a screenshot from tradingview but was unable, either way take a look for yourself on whatever charting program you use. Out of 28 indicators only 3 say buy, 15 say sell - the rest are neutral ...more  
Comment by kjs4381 on Oct 19, 2020 10:49am
Not sure why you are posting this negative stuff. The share price is under a little pressure because of the bought deal. Some who might be participating probably selling at anything above $3.60 because they are buying at $3.60 and getting warrants. I'm sure you're aware of all this but don't mention it. Jmo
Comment by Jupitorre on Oct 19, 2020 10:26am
First time posting on this board, but I had to respond to someone who does nothing but bash on this stock. Who constantly posts on a stock they have no bet for or against on? Previous post history says you sold your stock, while at the same time saying you wish you shorted this stock. If you don't own any and you don't short then why continue to post? Though all evidence points to either ...more  
Comment by SigmundsID on Oct 19, 2020 10:30am
No, I hold a relatively large position here and frankly am pessimistic as to whether I will ever see my money back. I'm not a shorter, though as I said, if I was at least I would be making money. This things has turned into a massive turd and that's just how it is at the moment. I'll be very happy if it turns around. 
Comment by PteRoy on Oct 19, 2020 10:34am
Keep trying turd burglar.
Comment by SigmundsID on Oct 19, 2020 10:37am
The SP speaks for itself, down the toilet. Period. Hilarious all you people who think that some one telling the truth is somehow sabotaging this stock. Take your blinders off, there's no momentum, no volume, no interest in this. - Your only strategy now is to hold and hope. 
Comment by Bennyboy on Oct 19, 2020 10:43am
All of the steps laid out by Peter are taking place with a NR poised to happen followed by the uplisting.  Stock in the toilet is factually untrue - just because you say it out loud does not make it so.  If you are a stock holder then enjoy the ride over the next couple of weeks; if you are not then piss off.
Comment by PteRoy on Oct 19, 2020 10:44am
Speaking like a true long turd burglar!!
Comment by Kongratulation on Oct 19, 2020 10:49am
You do realize that what you are dling is talking down your own investment.... That what a short does, so if walk like a duck, quack like a duck, then it must be a duck...
Comment by therealmccoy on Oct 19, 2020 10:52am
Well said Kongratulation! SigmundsID, you're a duck who's about to eat chips! Time to eat chips and leave this SH board!
Comment by waru on Oct 19, 2020 10:54am
I can understand investors who have had success using technical analysis in detrimining stock price movement, but does your analysis factor in major company developments such as uplisting and the signing of material supply contracts Wouldn't these changes affect how the company is preceived and therefore it's stock price The increased profitablity should spur stock price appreciation and ...more  
Comment by SigmundsID on Oct 19, 2020 10:58am
Of course, I hope you are right and this turns around for all the reasons you've listed. Let's see what happens. 
Comment by developbc on Oct 19, 2020 11:06am
Just go down memory lane on this posters post history and you'll know what he / she really hopes for.   Better just cover your short asap.   Long and strong PYROGENESIS!
Comment by Downtheline on Oct 19, 2020 11:07am
You might want to brush up on your reading skills sigmundo, analyzing a chart doesn't work quite the same as reading words and understanding what they mean. 
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