PLS 1.40% $2.89 pilbara minerals limited

PLS chart, page-18025

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    The HOURLY lr chart (the canary in the coalmine) from the $5.66c. high on 25/10/22 to the $3.355c. low on 23/03/23, generated an upper CHANNEL RANGE of 93c.

    From 23/03/23 onward , key upside HORIZONTAL resistance/support levels, and/or TP's are forward looking (extrapolated)........are PREDICTIVE in nature......and will be (generally) MULTIPLES of THAT range, including rmp's (range mid points).

    Expect further down side.......with the next TP/SUPPORT test @ $3.92c.

    Cheers .

    pls_ax11oct22_to_25aug24.png
 
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