Prime Television (PRT)

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Prime Television (PRT): Signals

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TECHNICAL ANALYSIS SUMMARY

Prime Television: The current Fibonacci Extension levels are:
(23.61%) $0.22
(38.2%) $0.23
(50%) $0.25
(61.8%) $0.26

The current support levels are:
(78.6%) $0.27
(100%) $0.3
(138.2%) $0.33
(161.8%) $0.36
(261.8%) $0.46
(423.61%) $0.62



Fibonacci extensions are used in Fibonacci retracement to predict spaces of resistance and support in the market. These extensions involve all levels drawn past the basic 100% level they are frequently used by traders to determine areas that will bring in profits.

Calculation: Fibonacci Extensions:
1) Uptrend: D = B — (A — B) x N%;
2) Downtrend: D = B + (B — A) x N %;
3) Fibonacci Levels:
61.8%
100%
138.2%
161.8%
261.8%
423.6%;


PROFILE: Prime Television (PRT.AX)


Stock Exchange: ASX
Company: Prime Television
Ticker Codes: | PRT.AX | ASX:PRT |

About Prime Television (ASX:PRT):

Prime Media Group Limited provides commercial television broadcasting services in Australia. The company offers free-to-air television broadcasting services under the PRIME7 and GWN7 brands in the regional New South Wales, the Australian Capital Territory, regional Victoria, the Gold Coast area of Southern Queensland, and regional Western Australia. Prime Media Group Limited is based in Watson, Australia.

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