PLS 2.06% $2.97 pilbara minerals limited

PLS chart, page-12495

  1. 773 Posts.
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    Hi H00ts, I've loved your work for years ........thank you !!!

    I'm not a chartist by any means (primarily a fundamentals guy), but do understand the charts relevance and importance bearing in mind how many people use them to make trading and investment decisions.

    This current run has created two gaps at $4.12 and $4.55. 'Technically speaking' would you call that a gap at $4.12 ? and would you expect these gaps to get filled in the short term ? Perhaps a track back down on this cycle ???.....

    I sold my trading parcel today at $5.12 as I didn' want to push my luck too far. (I bought near the gap at around $3.61)..... looking mainly at the RSI and it was looking overbought.

    Charts seriously do my head in !!! It's hard for me to see past the fundamentals of demand v supply, the energy revolution and the money printing machine that PLS has become, so picking a nice low re-entry point is a mental battle within .... Having a LT position certainly helps relieve the anxiety but like many...... I want my cake and to eat it too !!

    Thanks again for your posts


 
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PLS (ASX) Chart
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