so getting back to charts rather than starting sparks flying......

so getting back to charts rather than starting sparks flying... thats one of the long term pitchforks that I use on PLS, the big thick blue one is getting on to 3 years now, about the time that I bought my first parcel of PLS. Also on that same chart are 2 other long term pitchforks, an upward aqua one from about august 2021and a declining one from about October last year. The big blue one was touched today and bounced higher, the red one looks like its formed a baseline point for the price to bounce from or perhaps a trend line to continue a decline.. time will tell on that... The aqua upward pitchfork also came into play today as a low point for the price. So 2 long terms show up and 1 long term showing potential downward movement...




The bounce points are more easily seen on the 1 year chart where the red was touched as was aqua and the price looked like its settled on the Blue... maybe a continuation of upward momentum in the near term... given the insane volatility of PLS maybe even this week?? Dunno? Key thing that I've learnt from PLS is to allow plenty of time on Puts and Calls as they often will be in profit within a month or so... not many shares have that feature...


No idea where the price is headed but today seemed like a good day to execute Puts and recycle the buy price down 50c... maybe this week we will hit $4 or $5... maybe both?? lucky that the ASX allows options on these guys...