PLS chart, page-25720

Agree re daily and weekly - something is happening.

As an aside to your TA, IMO - we have ended a EW cycle and begun another. The distribution/accumulation cycle (the most recent cycle) under Wycoff has been going on for 2.5 yrs (Oct 2022 - June 2025). Over the last month nearly 50% of the register has been churned (7 May-27 June 1,431,611,00 +- churned). An EW Super cycle, iMO, completed on 3 June with the Spring you have described. This was the completion of Wave C in that cycle which began July 2014, 11 yrs duration.

So, my ten cents is...... after the 2.5 yrs of distribution/accumulation, the accumulation of ?x billion shares, long term outstanding shorts of 425M, slight, and i say slight movement in the price of chems, I think something is afoot - just by looking at high volume (sustained) over last month. Time to start markup and start the cycle again.

This leads back to the start of another EW Super cycle.

I believe we started w1 of 1 on 3 June (the Spring) and ended on 11 June with a length of 0.42 cents, w2 of 1 was a standard (not complex) until 23 Jun. The retrace of wave 2 was with usual range and retrace just a tad over 73%. Wave 3 of 1 commenced on 23 June with a glorious classic Bullish Morning Star (and secondary Wycoff Test of the Spring).

This could all be BS of course!! Beware!!!

But, with the moves afoot, and likelihood that after an accumulation of 2.5 yrs, my guess is they now what profit, so time for mark up phase.

My fibs for wave3 of 1

Multipler PLS w3 (W1)
	w1 low	w1 high	w2 end	w2 retrace	w1 length	Fib value
	3-Jun-25	11-Jun-25	23-Jun-25				w3
0.5000	1.070	1.490	1.180	0.738	0.420	0.210	1.39
0.6180	1.070	1.490	1.180	0.738	0.420	0.260	1.44
1.0000	1.070	1.490	1.180	0.738	0.420	0.420	1.60
1.2360	1.070	1.490	1.180	0.738	0.420	0.519	1.70
1.6180	1.070	1.490	1.180	0.738	0.420	0.680	1.86		if w3 is >1.618 then it is prob extended wave
2.0000	1.070	1.490	1.180	0.738	0.420	0.840	2.02
2.6180	1.070	1.490	1.180	0.738	0.420	1.100	2.28		?if extended
3.2360	1.070	1.490	1.180	0.738	0.420	1.359	2.54
4.2360	1.070	1.490	1.180	0.738	0.420	1.779	2.96
5.2360	1.070	1.490	1.180	0.738	0.420	2.199	3.38

IMO (again)..... this wave 3 of 1 could play through to the end July when the Jun Qtr Report is delivered - remember 'buy the rumour, sell the news'. I anticipate wave 4 of 1 to be flat/sideways/consolidation as under the Principle of Alternation (ie wave 2 short/simple, wave 4 long/complex).

Anyway. That's my take of the current. DYOR. Don't base any decisions on above. Beware.

Good luck all. Fundamentals are strong.

They ain't got or getting mine ha ha ha ha