PLS 0.37% $2.67 pilbara minerals limited

PLS chart, page-18537

  1. 3,322 Posts.
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    I wouldn’t take every tea leaf prediction as gospel. HC is good for “gauging the temperature” of sentiment albeit of a tiny sample. The overwhelming pattern of behaviour is as the SP moves north, out come the “chartists” with overly optimistic forecasts supported by this and that before the inevitable retracement. Likewise, as the SP pulls back, like now, the same said commentators become overly pessimistic (supported by charts of course). Look to the fundamentals and take advantage of the volatility by moving against the crowd. I picked up a nice tranche yesterday in the $3.90s which I added to the pile.
    GLTAH!
 
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