PLS 0.69% $2.87 pilbara minerals limited

PLS chart, page-17413

  1. 13 Posts.
    I'm a bit conflicted. Happy with recent announcements, I think spod price will stablise/turn with limited projects meeting expectations, we have a favourable FX Rate and dividend soon to be announced, but I can't help but thinkthe market knows all this and the chart is showing some signs we've seenbefore, which is keeping me cautious after a good trade from 4.60-4.85...

    Current chart with10 day EMA crossing the 40 day EMA.
    https://hotcopper.com.au/data/attachments/5527/5527090-a37b8c4ed9deb4d1127aea6b804ba16f.jpg

    Last time that happened was Feb 23 - fairly similar action, big drop, small recovery, cross and downturn
    https://hotcopper.com.au/data/attachments/5527/5527094-2cee9c62580ede1660a8d697f27967b5.jpg
    Time before was Dec 22 - we know what happened there
    https://hotcopper.com.au/data/attachments/5527/5527100-75f7d49cd766e619054feef0ec460ac1.jpg

    Certainly not a charting expert, but enough indicators for me to take my trading parcel off the table for the moment. Still long PLS.
    Last edited by Perrym0: 22/08/23
 
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Last
$2.87
Change
-0.020(0.69%)
Mkt cap ! $8.638B
Open High Low Value Volume
$2.79 $2.92 $2.78 $84.74M 29.64M

Buyers (Bids)

No. Vol. Price($)
3 173645 $2.87
 

Sellers (Offers)

Price($) Vol. No.
$2.88 30000 1
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Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
PLS (ASX) Chart
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