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ASX
Index
fx
PSC.AX
AUSTRALIAN
Prospect Resources
STAY SHORT
Close
0.1250
Prev.Close
0.1250
Change
0.0000
Change%
0.00%
BULLISH MATCHING LOW
Sold at
0.1455
Open
0.1250
High
0.1275
Low
0.1250
Close
0.1250
Gain%
-14.09%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
AUD100⇨
10/05
0.1455
SHORT
-14.1%
193
08/05
0.1460
BUY
-0.3%
194
20/04
0.1655
SELL
-11.8%
195
13/04
0.1570
BUY
+5.4%
185
06/04
0.1500
SHORT
+4.7%
195
27/03
0.1570
BUY
-4.5%
205
14/03
0.2180
SHORT
-28.0%
161
21/02
0.1870
BUY
+16.6%
138
16/02
0.1880
SELL
-0.5%
139
03/02
0.1210
BUY
+55.4%
89
25/01
0.1140
SHORT
+6.1%
96
23/01
0.1185
BUY
-3.8%
100
† Trade commissions are taken as 0.20%.
Date
Price
Signal
Change%
AUD100⇨
10/05
0.1455
SHORT
-14.1%
1,438
08/05
0.1460
BUY
-0.3%
1,449
20/04
0.1655
SELL
-11.8%
1,452
13/04
0.1570
BUY
+5.4%
1,380
06/04
0.1500
SHORT
+4.7%
1,454
27/03
0.1570
BUY
-4.5%
1,527
14/03
0.2180
SHORT
-28.0%
1,198
21/02
0.1870
BUY
+16.6%
1,032
16/02
0.1880
SELL
-0.5%
1,034
03/02
0.1210
BUY
+55.4%
667
25/01
0.1140
SHORT
+6.1%
713
23/01
0.1185
BUY
-3.8%
745
10/01
0.1150
QUIT
+3.0%
746
07/12
0.1480
SELL
-22.3%
746
05/12
0.1620
BUY
-8.6%
818
29/11
0.1630
SELL
-0.6%
820
03/11
0.0960
BUY
+69.8%
484
06/10
0.0990
SHORT
-3.0%
471
27/09
0.0820
BUY
+20.7%
392
05/08
0.1340
SELL
-38.8%
393
08/07
0.0488
BUY
+174.6%
143
10/06
0.0473
SHORT
+3.2%
149
18/05
0.0480
BUY
-1.5%
151
09/05
0.0468
SELL
+2.6%
152
20/04
0.0453
BUY
+3.3%
147
14/04
0.0446
SELL
+1.6%
147
12/04
0.0455
BUY
-2.0%
151
28/03
0.0434
SELL
+4.8%
151
18/03
0.0435
BUY
-0.2%
152
15/03
0.0413
SELL
+5.3%
152
02/03
0.0433
BUY
-4.6%
160
28/02
0.0418
SELL
+3.6%
160
25/02
0.0435
BUY
-3.9%
167
14/02
0.0414
SHORT
+5.1%
176
28/01
0.0411
BUY
+0.7%
176
13/01
0.0422
SELL
-2.6%
176
20/12
0.0351
BUY
+20.2%
147
15/12
0.0331
SHORT
+6.0%
157
10/12
0.0329
BUY
+0.6%
157
29/11
0.0338
SELL
-2.7%
157
03/11
0.0240
BUY
+40.8%
112
01/11
0.0210
SHORT
+14.3%
131
13/10
0.0198
BUY
+6.1%
124
28/09
0.0221
SELL
-10.4%
124
23/09
0.0210
BUY
+5.2%
118
20/09
0.0210
SELL
0.0%
118
14/09
0.0183
BUY
+14.8%
103
09/09
0.0171
SELL
+7.0%
104
23/08
0.0168
BUY
+1.8%
102
17/08
0.0159
SELL
+5.7%
102
30/07
0.0150
BUY
+6.0%
97
28/07
0.0147
SHORT
+2.0%
99
23/07
0.0160
BUY
-8.1%
108
21/07
0.0136
SELL
+17.6%
108
09/07
0.0125
BUY
+8.8%
100
† Trade commissions are taken as 0.20%.
Pattern & Confirmation Chart for the Last 6 Months
Our system’s recommendation today is to
STAY SHORT
. The previous
SHORT
signal was issued on 10/05/2023, 28 days ago, when the stock price was 0.1455. Since then
PSC.AX
has fallen by
-14.09%
.
Bear market rallies may be vicious reversals, giving hard times to those holding short positions; so, it is better to be on alert despite the relative comfort provided by the current bearish trend. There is a bullish pattern to be confirmed, but the share price is still not above its confirmation level and the signal is suggesting to
STAY SHORT
; however, the chance of a bullish confirmation that will change the signal to
BUY
is quite high. The Delayed Intraday Module is ON. Given the risks involved, we strongly suggest you to follow price movements on an intraday basis.
This pattern occurs when two black days appear with equal closes in a downtrend. Matching Low indicates a bottom has been made, even though the new low was tested and there was no follow through, which is indicative of a good support price.
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