"Not sure if this is a buying opportunity or a buyers trap."
It's looking more like the latter based on the wave of selling that has just taken place (2nd wave of the morning).
We know the shorts are well and truly loaded up with stock to sell. It would appear they are putting this supply to good use..... for their nefarious intentions!!!
Looks like the 370c area is their target.
PLS chart, page-18991
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 (20min delay)
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Last
$2.85 |
Change
-0.150(5.00%) |
Mkt cap ! $8.582B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $2.98 | $2.83 | $92.31M | 32.06M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 46000 | $2.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.86 | 89829 | 11 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |