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Strategies & Market Trends : Fundamental Value Investing

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To: bruwin who wrote (4709)7/20/2025 7:19:04 AM
From: bruwin   of 4719
 
PRDO.

A further observation on PRDO with regard to the past Buyer/Seller reactions to this stock ---->


As we see, a latter Support level such as "S1" roughly aligns with a previous Resistance level "R1".
Much the same could be said for "S2/R2", "S3/R3" and "S4/R4".
The stock price then rises above those previous Resistance levels due to Buyer interest in the stock, hitting the next Resistance level.

If that "interaction" continues to occur then PRDO's price could very well move up above Resistance level "R5", which is at ~$35/share, and head for the future "Equity Bond" target of ~$56/share, an overall increase of ~86%.
Of course, the ultimately important area to concentrate on should be the Quality of PRDO's future Financials in order to conclude that the share price performance is in line with those Financials.
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