OTC:PSRU continues to "rest" on key long-term chart support as shorts pile in and potentially set themselves up for the eventual squeeze. The smart money appears to be accumulating along the $0.40-0.50 zone with an iron will. RSI also just moved down to traditional Bull trigger territory.
PSRU just put in a nice RSI Bull Divergence at key support. Next positive step would be a breakout above the 50-day MA in the $0.13 area, which could set up the range-traversal back to the channel resistance zone around $0.35-0.40. ------------------------------- Valiant Eagle Inc. (OTCMKTS:PSRU) • Revamped identity in the market after name change and...
PSRU shares have started to click in recent action. Given that we are on the other side of a recent reverse split, one would imagine the float is now very small, and one would be right. The outstanding share total is now, according to the company’s recent shareholder letter, under a million shares (at 946k shares). So, this is a race car. Any amount of new...