Hi
LIT bounced strong last night up 2.5% to 49.57 , but after such a fall for the last 7 days from 54.9 down to 47.5, it was also due.
So ahead of the PLS quarterly on Thursday we should see a follow-on from yesterdays bounce. Not surprised at all, if the 38.2% FIB at 3.87 (I round up) is easily broken today.
With some speculators taking a chance on a good report, even a bounce to about midway way between the 38.2%-50% FIB range, say 3.92 could be on the cards. Also, if the cat is very lively, then even reaching up to 3.96 is not beyond the realms of possibility.
I don't day trade, so means little to me. I'll just watch, the market opens in two hours and that 10am hourly opening candle could prove interesting..
Only my opinion, DYOR.
cheers Lies
PLS chart, page-19154
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Last
$3.11 |
Change
-0.090(2.81%) |
Mkt cap ! $9.360B | |||
| Open | High | Low | Value | Volume |
| $3.15 | $3.17 | $3.06 | $206.5M | 66.15M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 212414 | $3.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 1870994 | 18 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| PLS (ASX) Chart |