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PLS - Chart Update, page-1298

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    I happen to agree with those that think or say there are too many charts and chart talk here with potential resistance levels, targets etc...

    So here's another one !

    Difference being this is the weekly chart and therefore a longer term view spanning over 3 years from basically the all time low. I just want to place in perspective the journey that this stock has undertaken.
    Ignore all but the red lines on this chart. From a charting perspective, what you can see is since the all time high in May 2016,  the "correction !" has been moderate, not the disaster as it has certainly felt like at times during the past year or so, and in fact is a set up for potentially much higher prices, once we break up.

    PLS.JPG

    [Please note that I use a logarithmic scale on the Price axis, which is why charts can appear different depending on the scale and time frame the poster uses - I use the log scale because a 1 cent move on a 20 cent stock is not the same as on a $20 stock]

    I see the important resistance levels at 45 cents then 60 cents, but hey, I believe in the fundamentals for this journey.
 
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