PLS chart, page-15247

IMO. DYOR. Do not base any decision on what follows.

I think this wave (sub wave 3) has a little more to give, maybe 4.80’s, before sub wave 4 kicks in. Sub wave 4 should be long and shallow (as subwave 2 appeared sharp and deep). This would fit with EOFY timing where squeezing down appears to be common – trying to accumulate at depressed prices from those that need to and will do close books, take profit, or take losses before the close of the financial year. So a similar sizeways downish pattern as exhibited January/February to follow in sub wave 4.

This will leave sub wave 5 as being a biggie, as Wave 1 (all these sub waves) should make for at least 5.66 (Wave 1 being as great as the preceeding ABC correction) and therefore sub wave 3 would not be the shorest (following the rules).

Anyway, excuse the waffle, DYOR.

Closer to another dividend – Yae!

Say no to selling, hold tight, you ain’t got mine Ha ha ha ha ha ha

Hope you all have a great day.