PRX has been on a solid downward trend since it's most recent peak on 19 February. In a prior manual analysis, I mentioned that the 1805/1815 area would be a distribution zone. We overshot this area slightly before moving lower to now trade at multi-month lows. Yesterday we may have had a 'flush-out' candle while today we are trying to reclaim the lows. At R1523, the share appears oversold and may be worth a buy for a bounce back to the R1600 - R1615 level. Stop: R1490.
