PLS 1.06% $2.80 pilbara minerals limited

PLS chart, page-4047

  1. 3,035 Posts.
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    Hi Folks

    I thought it was about time to revisit PLS charts.

    * Bullish signal when in the week 31 Oct the weekly Hi-lo candle trade entirely above the 10WMA and for 4 weeks we have SP growth.
    * Bullish signal both the 10WMA and 40WMA are rising
    * Weekly RSI(5) has room to move into the blue zone above 80 and the MACD and Stoch's are still good.

    Finally the FIB's are indicating that the 1st target zone before a significant correction is in the range of 2.92 to 3.16.

    The next BMX auction could prove interesting.

    Just the way I deal with the market so that I am not surprised by what plays out. As always DYOR

    cheers Lies

    PS All assuming that the general world markets don't go through a major correction

    https://hotcopper.com.au/data/attachments/3839/3839777-8b897b496a21e176beae74481abcff18.jpg
 
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