Friday, August 27, 2021 10:53:25 AM
From stockinvest.us
90% probability of .98 to 2.15 per share by the end of this 3 month period.
The PetroSun, Inc. stock price fell by -8.16% on the last day (Thursday, 26th Aug 2021) from $0.49 to $0.45. and has now fallen 3 days in a row. During the day the stock fluctuated 5.70% from a day low at $0.45 to a day high of $0.48. The price has risen in 5 of the last 10 days, but is still down by -10% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -72 thousand shares and in total, 34 thousand shares were bought and sold for approximately $15.47thousand.
The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.40 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 144.26% during the next 3 months and, with a 90% probability hold a price between $0.98and $2.15 at the end of this 3-month period.
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