Liking the news digs Jako.
Hmm I had a look at PLS last weekend. Had been hoping for a strong bullish continuation from the 2 bar reversal. Instead I think it was more of an obligatory reversal from trying to break through an area of support that held twice before (during Feb and April). It's not something that is looking like a sign of strength, sliding into accumulation on your horizontal arrow I think is a likely outcome here.
The 3 successive supply candles to finish the week a very hard for me to ignore, and I would not be particularly comfortable with a entry right now (maybe with a tight stop at 76c if I were hypothetically to try a trade from here).
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
4,808.8 |
Change
-23.700(0.49%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 4,832.5 | 4,832.5 | 4,795.0 |
| XTL (ASX) Chart |