Update on the daily:
Note anything above 415 gives us a bullish engulfing candle, which by definition is bullish, and today's trade (so far) has effectively cancelled the bearish harami from a couple of days ago. We remain in the rising channel with a first target of 450'ish (and a top probable target circa 483), which would complete wave 3. Currently expected Mon - Wed next week.
The expected retrace at this stage would be expected to be around 404 - 416 (subject to external events) assuming the turn occurs at 450. Higher turn would give a higher retrace target.
PLS chart, page-14959
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Last
$2.97 |
Change
0.060(2.06%) |
Mkt cap ! $8.942B | |||
| Open | High | Low | Value | Volume |
| $2.96 | $3.02 | $2.93 | $100.8M | 33.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 716181 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 235000 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |