PLS 5.02% $2.93 pilbara minerals limited

Hi FolksI love playing with my charts and noticed a striking...

  1. 3,030 Posts.
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    Hi Folks

    I love playing with my charts and noticed a striking resemblance in the daily charts of this company to PLS. They are totally unrelated in completely different industries. What they do have in common is market behaviour. So have a look at PLS and then BRN.

    The highlight in both stocks is the nature of their peaks and then the DCB's. Both with mini-booms to overbought and then the correction accompanied by the DCB.

    I think its an impressive resemblance.

    I haven't been posting much on PLS chart thread. I am not interested in short term movements much anymore. I am waiting for the Mar quarter report to see if it lives up to my expectations.

    cheers Lies


    https://hotcopper.com.au/data/attachments/6056/6056108-933003548adc2c29ac287d4e4e490791.jpg
    https://hotcopper.com.au/data/attachments/6056/6056124-6701838afa24bdeb95293feef0cc26ae.jpg
 
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Last
$2.93
Change
0.140(5.02%)
Mkt cap ! $8.819B
Open High Low Value Volume
$2.82 $2.93 $2.77 $65.23M 22.81M

Buyers (Bids)

No. Vol. Price($)
1 3424 $2.92
 

Sellers (Offers)

Price($) Vol. No.
$2.94 170199 9
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Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
PLS (ASX) Chart
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