I have drawn a couple of Fibonacci ranges on my chart - It is quite common after a big spike for stocks to retrace to the fib numbers with 50% being the most common after a large up move = to give back half of the rise before basing and hopefully starting the next upleg
Eg - stock X goes from 50c to $1 before falling back to 75c the 50% Fib level !
This is quite normal as traders take profits of the table - this is just a general observation nothing stock specific to PLS
PLS chart, page-1334
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Last
$3.10 |
Change
0.050(1.64%) |
Mkt cap ! $9.335B | |||
| Open | High | Low | Value | Volume |
| $3.21 | $3.26 | $3.08 | $87.12M | 27.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 195050 | $3.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |