Elliott Wave. Corrective waves have a tendency to retrace 38.2% or 61.8% of wave height. You look at his chart, he's plotted it as end of wave 3, and the fib retracements measured from 2.16 to 1.42.
PLS chart, page-2179
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$3.04 |
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 39 | 153181 | $3.03 |
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|---|---|---|
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| PLS (ASX) Chart |