Red candles last Friday and today!We can also see over the previous 7 trading days a very good run up to today's high of $459
But we can also see how the price retraced to close today at $441. The price may have closed 3c above last Friday's close but the indication is that the SP is falling.
Given the recent increase in lithium carbonate I expect the SP to increase over coming weeks but as usual, the shorts are looking at the spod price - which is currently travelling sideways.
IMHO, the shorts today did the classic 'pump&dump' and I expect the SP to continue heading down. Hopefully rebounding around $407 or finding the strong support at $393
With media upbeat about lithium and the price of iron ore dropping, I'm interested to see if some investors in the big-4 might buy some PLS.
NOTE: Submission dated Mon 4th March
PLS chart, page-20850
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 (20min delay)
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Last
$3.89 |
Change
-0.010(0.26%) |
Mkt cap ! $11.70B | |||
| Open | High | Low | Value | Volume |
| $3.91 | $3.92 | $3.87 | $36.68M | 9.413M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 279061 | $3.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.90 | 28100 | 3 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
$3.91 |
Change
-0.010 ( 0.23 %) |
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| Open | High | Low | Volume | ||
| $3.92 | $3.92 | $3.86 | 2883707 | ||
| Last updated 15.59pm 28/05/2024 ? | |||||
| PLS (ASX) Chart |