PLS 6.43% $2.98 pilbara minerals limited

@Lies&damnliesAgree the chart is looking good, but getting toppy...

  1. 8,176 Posts.
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    @Lies&damnlies

    Agree the chart is looking good, but getting toppy too.

    An ABC corrective is on the cards, all down to external events as much as PLS news in this part of the SP Elliott wave.

    I think $2.10 is the point to aim for after a retrace from today. It will fill the current gap marked with a circle.

    I included May and June to show there are ABC corrections regularly.

    Folks should not be scared of them, they assist the SP to move higher, introducing new investors and allowing for some profit taking. All fairly natural.

    GLTAH

    https://hotcopper.com.au/data/attachments/3429/3429285-7432b4e463d07095c41ff85c9c3c6c00.jpg


    Last edited by GARETH78: 03/08/21
 
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