RE:RE:RE:Now my technical analysis... Almost 100% of the time, after crossing a resistance, it goes down the next day or two and then goes up again.
The March 25, 2021 resistance was $8.73, and PYR crossed it on April 1, 2020 ending at $8.82 (see 1 month chart). Usually, this sends the message that it will go up next.
There is always the usual Friday (April 2, 2020) profit taking and today many did not know the market was open, so it favors the sellers and manipulators.
If the PYR MM's work well then they should support the uptrend.
Stay tuned and we'll see what happens when it goes up.
StairwayTo wrote: What is you analysis saying today? TSX-S&P-DOW-NASDAQ all up big time
electriqueman wrote: Now that $8.75 is crossed. It is certain that the downtrend is over and if we end up where PYR is now then we are headed for $10 easily.
Enjoy the ride
electriqueman wrote: If PYROGENESIS ends the day with the current price then I confirm that PYR is clearly out of its bearish corridor.
The next RESISTANCE is $8.75 but when we get through that then it should go easily (without news) to $10.05 or $9.87 if you base it on the triangle formation that is forming in an uptrend for the last 1 year. So it should be positive (up soon).
It also depends on the market in general because for some time now PYR has been reacting in exactly the same way. So, it's not PYR's fault (or the news that takes time to come out) if PYR goes down. It is the market in general that influences PYR.
But when news will come out then PYR will do like last year and distinguish itself.