PLS 2.22% $3.08 pilbara minerals limited

PLS chart, page-22003

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    Unfortunately, a quick look at the charts of all of the majors (SQM, Ganfeng, Tianqi, PLS, LTR) suggests that each of them are going to find new 52 week lows as soon as next week.

    Still two more weeks of tax-loss selling for the ASX plays, plus chemical prices continue to find short-term lows.

    The only positive I can find is that SC6 prices are holding up (so far) ($1,100/t according to SMM today). But this could simply be due to the lag in price movements between carb and spod (will find out next week I guess).
 
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