The Battery Materials space as a group continues to unravel with little respite - that is the reality.
There is no place (stock) immune.
World markets are in a short-sighted state of confusion and panic, so who cares about future potential earnings ?
My chart assessment
The PLS chart both daily and weekly, does not paint a good picture at all.
Twice in the past few months support was broken but managed to stage a recovery.
It does not appear we will be third time lucky, and today's heavy volume indicates further downside can be anticipated - that is the path of least resistance.
To suggest where price may bottom is a pure guess at this stage, we're in open space on the chart - don't count on a double bottom here, though it might try.
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I am nonetheless looking to increase my holdings but not yet. The fundamentals have not changed to my knowledge. I stay invested because I am thinking long term and have no idea when the sentiment is going to turn around.
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Last
$2.74 |
Change
-0.110(3.86%) |
Mkt cap ! $8.249B |
Open | High | Low | Value | Volume |
$2.80 | $2.80 | $2.66 | $184.4M | 67.82M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 238827 | $2.72 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.74 | 274109 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 238827 | 2.720 |
3 | 45579 | 2.710 |
9 | 109799 | 2.700 |
12 | 179575 | 2.690 |
20 | 392324 | 2.680 |
Price($) | Vol. | No. |
---|---|---|
2.740 | 274109 | 7 |
2.750 | 441600 | 24 |
2.760 | 210060 | 7 |
2.770 | 59450 | 8 |
2.780 | 63568 | 5 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
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