PLS 3.28% $3.15 pilbara minerals limited

PLS chart, page-16498

  1. 1,624 Posts.
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    Not hard to predict there was a wall of sellers waiting in the red supply zone above, which is why I got out in the high 4s. I suspect a large demand zone (green), the 200MA and lower time frame gap fill (green box) are all confluence for a pullback all the way to 4.30s before that demand kicks in and pushes it back towards ATHs, provided there isn't too many sell orders left in that supply zone (considering price went quite deep into it, I doubt there will be much to slow the upward momentum once it gets up there). I'll be buying @ 4.30.

    https://hotcopper.com.au/data/attachments/5411/5411394-e7ebbf198d5588f0c532de678564e9ed.jpg

    Last edited by JoeCool5150: 08/07/23
 
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