Quietly, PRB's chart condition improves

Solid foundations. New horizons.

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ElPrimero

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Quietly, PRB's chart condition improves

posted on Jun 13, 2012 10:38AM

The daily chart clearly indicates the $1.00 area will be the stepping stone for higher prices. At $1.20, the share price has breached the 50 day moving average at $1.12. This indicates a daily chart reversal is in the making. It is speculated that this current technical condition is setting the stage for continued strength into the $1.80 area.