PLS 3.44% $3.01 pilbara minerals limited

An update on my chart from the 21st of AugustThe 10 and 40 day...

  1. 14 Posts.
    An update on my chart from the 21st of August
    The 10 and 40 day cross has panned out as predicted
    Looking at it Monday, I had two thoughts in mind:
    1. Will the 200 EMA hold
    2. from previous experience, further drops look likely
    And as we've seen this week, it chose option 2

    I'll be waiting for the orange line (10 day EMA) to start to turn its head upwards for a re-entry point. Looks like we're ultimately at the mercy of lithium prices at the moment
    Current:
    https://hotcopper.com.au/data/attachments/5595/5595255-7d76d6e14d56b119f5cbc4b95c7bb207.jpg

    Dec 2022
    https://hotcopper.com.au/data/attachments/5595/5595253-88c1559d2fce508b26e5d30590b0fe14.jpg

    March 2023
    https://hotcopper.com.au/data/attachments/5595/5595268-4f2009f5af4e9756dbbe56c6cbcdaa33.jpg


 
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