I note there is a gap on the PLS chart at $2.98 that I find hard to believe it would come all the way down to $3.04 and not fill it.
Similar occurred in October where it put in a double top only to come bank down again and finally filling a gap at $1.79
As for AKE it could be taken for the rise with PLS but I don’t think it’s going to go too much lower, a double bottom would be a great buying signal IMO.
January last year we had similar heavy drops last week of Jan and was turmoil until early March. PLS Dropped hard last year and did not drop further but went sideways. ORE Did not drop as hard to start. This time I’m inclined to think that AKE has likely put in the bottom.
AIMO
GLTAH
AKE (ORE)
PLS
AKE Price at posting:
$9.04 Sentiment: Buy Disclosure: Held