PLS 1.40% $2.89 pilbara minerals limited

PLS chart, page-13939

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    lightbulb Created with Sketch. 3657
    Hmm. This is looking tricky. I'd be on the alert right now. We have missed the expect timing and we are well within the channel, so this looks like being a 3 wave cycle not a 5 wave at this point. You can see the fractals on the 3rd wave so there should be one more up I think before that wave completes, probably near there vertical line marked 3.

    After that it is going to be tricky. A drop of more than 38% on the full wave 3 is probably not good (for this wave set), and definitely 50%.

    Makes it hard to project the top for the day. Queues look strong enough, though. Just not coming up fast enough I think.


    https://hotcopper.com.au/data/attachments/5128/5128450-ee49c88abe7e0a747afd6bc7058df4bf.jpg
 
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