PLS 5.69% $3.16 pilbara minerals limited

PLS chart, page-4731

  1. 6,851 Posts.
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    Yes it's looking that way. Volume obviously increased on that run up as supply was limited at lower levels. Still not above average. Waning, maybe. Need to compare against previous few days when more data in. Maybe yesterday was the volume peak.

    I have added a Linear Regression Channel in starting from the 178 low. Work of art really. It followed the the top side of the medium line for the run to 267, then the shakeout with multiple spikes down and eventual nearly touch of lower line at 241. This run near the upper line now so yeh, pullback possibility increasing but still a bit of room.

    Any wave correction targets (Is it a,b,c or A,B,C. I'll start learning this one of these days) with your possible target area taken into consideration. Apologies if you already posted this or Lies?

    https://hotcopper.com.au/data/attachments/3977/3977414-1781c92c44e31fc496b22955b8fd33cb.jpg


 
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