PLS 1.00% $2.98 pilbara minerals limited

PLS chart, page-1987

  1. 8,391 Posts.
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    Hi @dfs1

    Had a look. My worry is for wave 1 there is a lot of fractals, there really should only be 5. I have marked 5 but looks like more. We are in a motive wave up so I'm not so worried, well for my finances anyway lol. Very happy with SP.

    Then wave 2 is also a bit messy with the fractals, needs to be 3 which there is, but I would be happier if C had fallen below A, just from a technical perspective.

    First target from there is $1.72, 1.618 FIB. (noted as 3.)

    But the next target above and the one I am inclined to favour is the 2.618 fib which is $1.92

    A good quarterly could assist with that.

    IMO DYOR GLTAH
    https://hotcopper.com.au/data/attachments/3389/3389879-55157e835e3ff87280425fa288310049.jpg






 
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