@GARETH78,
TLDR: possible, but with half of the potential upside relative to PLS IMO
PLS channel and movements are way explosive to the upwards and downwards sides compared to ORE. For example:
- Previous PLS Runs = +180%, +330%, +135%
- Previous ORE Runs = +80%, +150%, +70%, +55%, +70%
That being said, best case scenario for ORE is a run up by +70%ish is better than a kick in the nuts...
Not a terrible trade to make if it RS-flips at $10 then runs to $15, and more conservative bet if you cant stomach the bigger fluctuations.
Cheers - Woly
PLS chart, page-3807
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Last
$3.01 |
Change
0.070(2.38%) |
Mkt cap ! $9.045B | |||
| Open | High | Low | Value | Volume |
| $3.01 | $3.04 | $2.96 | $40.26M | 13.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 75 | 289359 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 67912 | 29 |
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| Last trade - 14.16pm 11/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |