Hi folks
Just before the market opens..
Every now and then I like to step back away from the daily and weekly charts and have a look at the monthly chart as an overall guide.
Things to notice on the chart. There have been 5 major downturns and each one had a DCB, 5 downturns, 5 DCB.
On the month charts I use 60MMA (years) and 12MMA (yearly with no seasonal influences)
The 12MMA has been trending lower for 6 months.
Make of the chart what you will about trend. So DYOR.
cheers Lies
PLS chart, page-20699
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$3.02 |
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| Open | High | Low | Value | Volume |
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| PLS (ASX) Chart |