Watch Parthus (PRH)...

Riz

Experienced member
1,266 5
PRH was once a popular stock among members of this board too...haven't seen any posts on them however since the collapse of share price which went as far down as 65 in April...from there it started a slow but firm recovery hitting 110 end of April and oscillating between 110 and 95 ever since...although 110 resistance hasn't been broken yet, PRH has managed to to stay above 100 so far which was once the resistance...a break through 110 might take the price up to 130 above which the only resistance is at 155, thus promising a good percentage of upward movement if recovery carries on...and making the current price of 101 quite attractive...

I understand PRH is rated as one of three buys in the
Irish tech sector...

Any opinions on the chance of a swift price recovery?

Riz
 
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