Yes. I think we would need to see it run over 504 to say the correction has finished for now. I think your triangle was pretty convincing, and a break without follow through upwards could fail on the retest, so it is still a thing even if there is a break upwards. I'd say if it fails to complete the w5 intraday target today that will be convincing as well.
I'd say it will be decided by the end of the morning session, but that is a guess because the timings have been all over the place on this latest impulse sequence.
PLS chart, page-16849
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.98 |
Change
-0.030(1.00%) |
Mkt cap ! $8.974B | |||
| Open | High | Low | Value | Volume |
| $3.00 | $3.11 | $2.97 | $82.16M | 27.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 65571 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 7500 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |