Looks like another test of $3.86 before another rally down to $3.65 again. Which will be tomorrow as the report comes out on Thursday give it a nice one day buffer to hit $3.86 which would be a 8% increase from new lowest prices in two months. As mention by @akgo01, a inverse h&s might be in play with the neckline being $4.
You can see how previous "bottom" have become significant resistances especially $4.36 and $4.40 when the decline first started. Sorry to say but we are not going to see any high $4 prices until next year honestly. A lot prices to break through for an uptrend... $3.86, $3.97, $4.06, $4.17, $4.24 and $4.36.
PLS chart, page-19149
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Last
$3.00 |
Change
-0.050(1.64%) |
Mkt cap ! $9.029B | |||
| Open | High | Low | Value | Volume |
| $3.03 | $3.06 | $3.00 | $41.07M | 13.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 97 | 622937 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 580 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |