chart for those interested

Disclaimer ! I have no agenda and was a PLV holder I bought at 60c and sold at 75c only to see the stock rise to $1.30 ( my bad )

This chart is Fib orientated so read in conjunction with hotfires comments on the clarity thread.

Please dont comment on company fundamentals this is purely T/A comment. with my own opinion

If I have had some cash ( which I dont cause its all tied up in range bound going nowhere stocks ) I would have bought either on Tuesday close ( 33c ) or Wednesday open (35c ) I was surprised the 55c Fib level did not stop the fall. When that failed anyone buying between 55c and 35c on the way down was entering a high risk low reward falling knife trade.

Conversely buying after the full 100% retrace at 32c with a stop at 29c was a high reward low risk entry ( IMO ) Anyway good luck to holders - I have 50c and 55c as the first hurdles to jump

Cheers Hoot