The more aggressive the shorting, the greater the inevitable squeeze. The decarbonisation thematic remains intact. Cyclical sectors go in … wait for it … cycles. Can you believe it?! Will SP drop further? Who knows! I’m with @hoots momentum clearly to the downside but looking extremely oversold. If you believe in the broader demand story out to 2030+ it’s one of those ugly times to close your eyes and hit the buy button IMO. DCA always my approach as there’s no rational was to consistently predict where or when a turn in sentiment and SP will happen. DYOR.
GLTAH
PLS chart, page-22063
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Last
$2.58 |
Change
0.000(0.00%) |
Mkt cap ! $7.769B | |||
| Open | High | Low | Value | Volume |
| $2.61 | $2.65 | $2.49 | $78.76M | 30.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 15582 | $2.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.58 | 36624 | 2 |
View Market Depth
| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |