Hi to all, especially Darkstone, Hoots, Layman and Lies (my...

Hi to all, especially Darkstone, Hoots, Layman and Lies (my charting mentors)

It could be my imagination but I may be seeing a hint of a turning point from down to up.
(Subject to conditions below - because as OC says I don't have a clue and I could be totally wrong)

Condition 1. PLS must hold or improve on Friday's $ 4.18 close
Condition 2. Friday's data point is included for today plus a 17c allowance for the dividend value
Condition 3. This dividend allowance contains 11c paid and Franking Credit at 6c rounded to nearest cent
Condition 4. Not everyone can claim the franking credit ... so the resulting $ 4.35 data point academic for you
Condition 5. Am I justified to look at an all inclusive value of $ 4.35 for trend measurement purposes.
Condition 6. Am I totally deluded, insane even?
Condition 7. PLS not hold $ 4.18 today

On the upside my trading site is suggesting an opening indicative price of $ 4.19 (which would adjust to $ 4.36)
Using my crazy valuation that includes the notional dividend benefit - real for some lucky recipients
The notional value including dividend benefit would not be true for ex-div buyers
Just trying to discern the trend for those who have held pre-dividend

The above comments, and chart below are not advice to buy, sell or hold - DYOR
Main point of interest - the green median could be turning up
Fingers crossed for improvement on Friday's price