PLS 1.23% $3.22 pilbara minerals limited

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

  1. 12 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
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
(20min delay)
Last
$3.22
Change
-0.040(1.23%)
Mkt cap ! $9.691B
Open High Low Value Volume
$3.24 $3.25 $3.19 $57.57M 17.90M

Buyers (Bids)

No. Vol. Price($)
11 120600 $3.22
 

Sellers (Offers)

Price($) Vol. No.
$3.23 135477 7
View Market Depth
Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
PLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.