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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 > next support is 6,85?
View:
Post by lemonpie on Mar 03, 2021 10:36am

next support is 6,85?

I'm not an expert in technical analysis but I can easily say that the next resistance is $6.85. 
 
This is a liquidation sale.
 
The world doesn't believe in PYR anymore
Comment by Chrisgodfrey202 on Mar 03, 2021 10:50am
At 110 PE PYR is approaching a strong buy.. i expect earnings by year end will be up 300 to 400% with a future profection of similar growth in 2022.  This should easily support the !10 PE and a price in the range of 21.00.  My low end projection is 15.00 for Dec. 21.  I dont have room to add but if I did I would be buying at this price and lower.
Comment by Chrisgodfrey202 on Mar 03, 2021 2:04pm
A closing price on a day with a + 16% rise is hardly a good technical bench mark. I think technical analysis is out the window on rapidly rising stock in uncharted territory.  Same applies to rapidly dropping stock.  You might try some fibinacci analysis but I doubt even that would give you data you would want to bet on.
Comment by Zugzug2 on Mar 04, 2021 3:20am
No way am I selling and a poor attempt to try to get people to sell. Have a nice day and go elsewhere
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