PLS 2.79% $2.79 pilbara minerals limited

PLS chart, page-2182

  1. 8,359 Posts.
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    Hi SF,

    I am more looking at us entering wave 4, which is a corrective wave, within a motive wave up.

    It can pull back anywhere up to .5 fib which is $1.79 which would come back and then fill that gap, but I just can't see things going that negative just yet. But could be wrong. I put as $1.99 as I think could be a support around there.

    After wave 5 is put in we will enter a corrective phase, likely to concur with outside events.

    US correction at some point of say 10% I think is quite easily on the cards.

    Too fill the gap that would be when I think more likely.

    The stats are that 91% of all gaps get filled I believe.

    Not advice and just my musings.

    cheers


    IMO DYOR


 
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