What I suggested there is that I think PLS is currently in Phase D, and therefore should move into Phase E soon. My "soon" is relative to the length of this accumulation phase that has been going on for more than 6 months (since early October 2023). I have in mind a week or two.
Now, if by Thursday the sp goes up above the SOS, which is in this case the recent high $4.58, that means PLS enters Phase E. And if that is case, I strongly believe that the quarterly report on Friday won't be able to pull the sp back down below $4.
I don't think the doji last Friday indicating a retrace. I see it as an indication of a small pullback only, because the weekly candle last week is a bullish engulfing candle.
(Talking about alluring, oh ... how I wish I could be alluring to all the ladies in this forum!)
PLS chart, page-21205
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.20 |
Change
0.100(2.44%) |
Mkt cap ! $12.64B | |||
| Open | High | Low | Value | Volume |
| $4.13 | $4.20 | $4.11 | $63.35M | 15.20M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 85490 | $4.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.20 | 857226 | 91 |
View Market Depth
| Last trade - 16.10pm 20/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$4.17 |
Change
0.100 ( 1.79 %) |
||||
| Open | High | Low | Volume | ||
| $4.14 | $4.18 | $4.12 | 3957975 | ||
| Last updated 15.59pm 20/05/2024 ? | |||||
| PLS (ASX) Chart |