PLS 3.83% $2.98 pilbara minerals limited

PLS chart, page-18531

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    I asked here if anybody had Darryl Guppy MMA about 2 months ago. I think it was falling knife who put it up a couple of times. Guppy uses - traders 3 5 8 10 12 15 DMMA. Longer term investors 30 35 40 45 50 60 DMMA. It is not so congested with lines - shows a clearer separation of the averages when the up trend is away. I haven't checked the signals/signs in his book about when to buy in or sell out. But there are signs when to get in and out early if you know them. Otherwise you wait until there are clear crossings of the averages - which means your profit is lower.

    With your weekly, at the flash point, entry would be at 50+c - where his entry would have been around 30c. I know what you are saying long termers supporting the traders. It is a lot better defined using the averages above. Shows expansion and compression of the averages better.

    Thanks for putting up the charts - check to see if you have Guppy MMA in your charting program. Like to here your views.
 
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