The more aggressive the shorting, the greater the inevitable squeeze. The decarbonisation thematic remains intact. Cyclical sectors go in … wait for it … cycles. Can you believe it?! Will SP drop further? Who knows! I’m with @hoots momentum clearly to the downside but looking extremely oversold. If you believe in the broader demand story out to 2030+ it’s one of those ugly times to close your eyes and hit the buy button IMO. DCA always my approach as there’s no rational was to consistently predict where or when a turn in sentiment and SP will happen. DYOR.
GLTAH
PLS chart, page-22065
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Last
$2.79 |
Change
-0.130(4.45%) |
Mkt cap ! $8.398B | |||
| Open | High | Low | Value | Volume |
| $2.89 | $2.92 | $2.79 | $56.11M | 19.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 231594 | $2.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.80 | 28889 | 3 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |