PLS chart, page-20692

Hi Windy

You may get your wish, in the short term. From a pre Chinese Lunar year low of 3.40 a push towards $4 is not out of the question. It's the silly season and we have some big players who love playing with the PLS SP. That sort of push would put in place a double B-wave bounce into the weekly charts, which is not rare.

For the last three Lunar year holidays we have had a 32.5% , 16% and a 23% bounce so a 20% bounce from 3.40 towards 3.90s-4.00s would not look out of place

Towards the top of this action there will be plenty of FOMO punters lining up, so selling will be easy.

A rough chance, but still a chance, my odds of it happening are about the same as rolling a 10 or above with two dice so about 6/36.

The 10am opening hourly candle Monday morning will be a big indicator. if we see and opening push then those odds will increase to 9/36. If we open a daily gap then 12/36 is about the right odds. If it doesn't happen Monday then Tuesdays action is still plausible.

We shall see?

cheers Lies