PLS 5.02% $2.93 pilbara minerals limited

Hi Dionysus78. The game SallySet is playing is a psychological...

  1. 2,209 Posts.
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    Hi Dionysus78.

    The game SallySet is playing is a psychological one as the individual only appears at a point when a position has been taken and seeds the minds of individuals to prepare them to sell.
    What happened previously is a guide.
    PLS will retrace but if you examine previous retraces, then one can see it has reached new highs afterwards.
    Forget not that the demand for batteries is not decreasing but increasing, prices for raw materials are increasing almost on a daily basis
    and there are bottlenecks in supply that will last a while.
    PLS is in an enviable position to take advantage of this with value adding in a number of areas to be a catalyst for growth in sp.
    IMO PLS is continually looking for opportunities to grow their market share.
    Be prepared for increases in reserves as well.
    SallySet is not a threat, just an opportunist.
    Other side of the coin.
    Shorters take advantage of the fear side of the equation so it’s best to look to the future and see where PLS is heading to stay calm, imo.
    Barring black swans, next year should be very interesting for hodlers.

    T.
 
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