PLS 0.62% $3.21 pilbara minerals limited

I'm a bit conflicted. Happy with recent announcements, I think...

  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
$3.21
Change
-0.020(0.62%)
Mkt cap ! $9.766B
Open High Low Value Volume
$3.26 $3.31 $3.21 $33.68M 10.32M

Buyers (Bids)

No. Vol. Price($)
38 223114 $3.21
 

Sellers (Offers)

Price($) Vol. No.
$3.22 269578 41
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Last trade - 11.10am 27/06/2024 (20 minute delay) ?
PLS (ASX) Chart
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