According to my chart it has already broken the upper trend line. The price is well above the 210 day MA, which is now beginning to trend up.
The number of shorters is relatively high - but this is good news - they have already shorted but the price is still rising. When its gets too much to bear they will have to buy back - helping the upward impusle.
Finally, the only investor I care about is George Soros - others have taken their easy profits (sell share issues to gain a quick 20%), but George (according to ASX notices) is still holding. If it's good enough for the man who broke the Bank of England - it's good enough for me.
Reflexivity
PLA Price at posting:
$1.05 Sentiment: None Disclosure: Held
