PLS 1.33% $2.96 pilbara minerals limited

PLS chart, page-14136

  1. 3,012 Posts.
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    Hi Cyam

    Still travelling, only checking the markets every briefly every couple of days.Not being surprised by PLS chart.

    I am using a pen to type, so only short comments. My chart post 6 March still holding true .

    So far from that post, peak (a) 5.66 (b ) 3.57 low (c) bounce to 5.26 (d) low still in progress so far 3.35 which is lower than (b).

    Expecting a bounce soon , but the daily chart for the last 20-30 day is pretty ugly, like a falling knife. I don,t trade while travelling but if I was at home I. Would be tempted to try and trade this bounce for small amount but need to be watching intently daily action to do so. anywhere in the 3.20s - low 3.30s would be tempting attempt to catch a falling knife. I would be looking for around a 50-70 cent bounce to the next high (e) on my previous chart post to trade.

    Then we have the next and final low (f) on my previous chart post if my logic is correct which would be lower than (d). I think that (f) could be in the 2.90-3,05 range but I need to see how low (d) gets to first.

    Just my opinions. DYOR.

    I will be home in 9 trading days, we shall see how this sucker plays out.

    cheers Lies.

    .



 
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