Prime Television (PRT)

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Prime Television (PRT): Signals

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TECHNICAL ANALYSIS SUMMARY

Prime Television: The current Fibonacci Retraction 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



A Fibonacci retracement is a term used in technical analysis that refers to areas of support (price stops going lower) or resistance (price stops going higher). Fibonacci retracement levels use horizontal lines to indicate areas of support or resistance at the key Fibonacci levels before the trend continues in the original direction.

Calculation: Fibonacci Retracements:
1) Uptrend: C = B — (B — A) x N%;
2) Downtrend: C = B + (A — B) x N%;
3) Fibonacci Levels:
a) 23.61%;
b) 38.2%;
c) 50%;
d) 61.8%;
e) 78.6%;
f) 100%,


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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