PLS chart, page-15437

The story from the ALO asset gift late 2020 to now.

If the uptrend just plodded along at a steady gradient with a nice straight 200 SMA, would everyone have been happy? I'll answer for me, Hell Yeh.

The dips below the 200SMA are a gift for topping up. The story hasn't changed with FA so my investment thesis hasn't.

To date, my 21 period RSI has clearly shown divergence with price at upper side price extremes. The run up from July 2021 to Jan 2022 and the triple top in late 2022.

The most recent low in March 2023 showed a divergence also. That and gut feel with watching price action, indicated to me, that the low of this run was in so the 344 entry with the dividend payment was nice timing.

Short term, IMO, it will take some time to get ATH action again. If I see the gaps below fill and the 200 SMA respected, I may buy more.
Currently the 200SMA (Magenta) is at 425 with the lower gap at 429-431.

4 months until the next divvie. BOD killing it. RRS with Mr Stannard presenting may reveal something although I suspect Dale has told him, Mum is the word for now. Organic growth and maybe another downstream deal by years end is more than likely the extent of the presentation.

Chart below with that beautiful steadily climbing 200SMA standing out like a beacon with moths flying around it, mesmerised.