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nugett

6,046 Posts.

97

07/05/24

01:22

Post #: 73694314
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Originally posted by akgo01: ↑

"Possibly PLS could drop to around or lower than $2.50"

Of course, possibly PLS could ... because there may be a hidden/unknown factor. But based on the available data (I use my charts), is it reasonable to believe that the sp will drop to around or lower than $2.50? Or is it more reasonable to believe that the sp will be going up?

My charts and reasoning, which you can read in the chart thread, compel me to believe that the sp will be going up. Now, the result may prove me to be wrong even though my reasoning is valid. That is the nature of inductive reasoning; the conclusion is never guaranteed to be true. But that is the only logical approach to try to guess where the sp will go.

So please show me your data and your reasoning. I'd like to see your logical approach.

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When HC Allows me to I will.
But it will be on the Proper Thread.

Last edited by nugett: 07/05/24

PLS Price at posting: $4.19 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $3.13		Change 0.080(2.62%)		Mkt cap ! $9.516B

Open	High	Low	Value	Volume
$3.21	$3.26	$3.08	$69.55M	21.99M

Buyers (Bids)

No.	Vol.	Price($)
61	156847	$3.13

Sellers (Offers)

Price($)	Vol.	No.
$3.14	153699	77

View Market Depth

No.	Vol.	Price($)
77	174194	3.130
32	380471	3.120
47	217089	3.110
48	346598	3.100
19	408131	3.090

Price($)	Vol.	No.
3.140	193599	87
3.150	359331	44
3.160	267248	26
3.170	209859	23
3.180	147036	22

Last trade - 15.44pm 07/10/2024 (20 minute delay)

PLS (ASX) Chart