PyroGenesis Canada Inc (PYR)

[goldillustrated]

Stock still stuck in bearish mode - for over a year now - where supply has the upper hand over demand. A reversal in sentiment toward the stock will be easily recognizable; however, price needs to get above the 1.10 area first and then the 200 day MA at about 1.16.

Technically, the stock looks interesting with favorable risk/reward.

Long term price appreciation for natural gas over the long run looks likely. With Russia and Iran holding more than 40 percent of the world reserves, the stock looks even more appealing.

http://stockcharts.com/h-sc/ui?s=PYR&p=W&yr=1&mn=2&dy=0&id=p14219073574&a=82...