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
PLS chart, page-2182
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Last
$2.87 |
Change
-0.020(0.69%) |
Mkt cap ! $8.638B | |||
| Open | High | Low | Value | Volume |
| $2.79 | $2.92 | $2.78 | $84.74M | 29.64M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 173645 | $2.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.88 | 30000 | 1 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |