Your outline with specific annotations suggest other wise. You are alluring it to being the decisions making point with the doji discussion. Seems like the start of a retrace? (Blame it on the US lithium okay. Going to ignore Ganfeng retracing back 8% in two days prior okay).
After the report. What other significant catalyst is there to potential increase the share price? Class case of buy the rumor of "short covering" and sell the news. The very next week on the 23rd is Tesla earning report so that will most likely affect lithium prices as it proves whether the leaks were true or not.
PLS chart, page-21199
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Last
$2.94 |
Change
-0.070(2.33%) |
Mkt cap ! $8.849B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.01 | $2.89 | $64.87M | 22.02M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 86878 | $2.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.95 | 199466 | 4 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |