PyroGenesis Inc T.PYR

Now my technical analysis...

[electriqueman]

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.

 

 

[slightfan]

electriqueman, the market news WILL BE GOOD starting today with the 2 Trillion dollar boondoggle that Sleepy Joe will introduce today and then future trillion dollar projects will be pushed onto the table by the Democrats which they will purse. so ontold money coming into the economy and peoples' hands. lots of opportunities in that background.

[Casavantsghost]

Weeee doggies!!! lol..   I have a money tree on order myself. Figured what the haYUL!

[electriqueman]

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 

[StairwayTo]

What is you analysis saying today? TSX-S&P-DOW-NASDAQ all up big time

[electriqueman]

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