No sorry! From the FA point of view I would suggest an up move from here, however in case my TA and more so my wave count is correct there might be just a relieve rally and than more downside = more of a drawdown. As I said at this stage just take it as a contrarian opinion/view because I have very little to actually claim this further downside might happen. Just don't get all exited if there is an up move as it might be short lived.
I really hope I'm wrong on this one and would love to be corrected, if someone can point out where I went wrong!
In the long run I do see more, much more upside. So if you hold a position from way down, I would suggest holding it! Possibly by the dip though where ever you feel comfortable that a new uptrend within the uptrend has started!
PLS Price at posting:
$3.72 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)