PLS 3.83% $2.98 pilbara minerals limited

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    Firstly, I will correct you, the movement from $5.03 - $4.67 was actually over 3 days not two like you claim. Also the 36c move which you claim is big is actually a smaller movement than the pullback we had in April which was 39c ($4.14 - $3.75 was also over three days ) and the sp had little problem over coming that. These 3-day movements show no sign of technical damage.

    The 3-day pullback in January was 59c ($5.26 - $4.67 notably larger in size than now)

    Then last year in Sep we had a large 3-day drop of 70c ($5.08 - $4.38) price was able to make higher highs even with this kind of rate of change, but it made for choppy price action.

    So my point is, a 36c movement over 3 days is a healthy development. especially when you compare it to these other pullbacks....
    Last edited by prowiz: 23/05/23
 
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