The year is still young PRU may well get there but not short...

The year is still young
PRU may well get there but not short term right now with all these gravestone dojis and engulfing red bars, a signal last few times of a drop.
Q4 H2 should be great but Q3 may disappoint.
The INSTOs blocked it 4 times in a row from running past 45 and sold it with high volume every time,
This wall cant be broken yet and if Q3 disappoints due to no Sissingue production (from 31 March was a disappointing update for me) then may crackdown.

41,5c is a fake support point and 43 was the fake resistance point. PRU is totally controlled by the INSTOs now, they are calling the shots, they are trading it up and down as they choose with that massive volume control especially Aust Super.

But I called a good 40% move up and also the move down twice.

We will see next few weeks, sure i will buy back in when the trend reconfirms like colinchi and many other INSTOs.
The question is how low it will go not how many times will it be blocked at the annual highs.