Trend Reversal Signal Impressively Confirmed
The share price of the Canadian helium company Pulsar Helium (TSXV PLSR / WKN A3EP2C) impressively confirms through its current performance the trend reversal identified early in the previous chart analysis.
The highs of the year-end months were easily surpassed, and with today’s recapture of the area above 1.00 Canadian dollars, the share price is approaching the highs from the initial listing period (small graphic).
Meanwhile, the 100-day moving average and 200-day moving average are rising again – a buy signal would occur when the 100-day crosses above the 200-day – and with the current momentum, this could happen as early as this month.
The buy signals from MACD and DMI have strengthened, and capital inflow, according to Chaikin Money Flow, remains at a high (green) level.
