Hi Saragian
I agree with you about a short bounce. One was definitely due after a long long series of red candles on the daily charts. 3.10 was the most obvious support waterline. talk of double bottoms should surface soon.
The Fibs suggest at least a 23% bound to around 3.40 and maybe even up into the range of the 38% Fib at 3.60.
However, I don’t believe in a long rally as the end of FY tax related trading is looming soon.
So a bounce into the end of this week wouldn’t be a surprise at all, as a B-wave bounce. Then next weeks trading will play out, which should not be dull.
As always DYOR.
cheers Lies
PLS chart, page-22095
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.20 |
Change
0.000(0.00%) |
Mkt cap ! $9.631B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $4.886M | 1.225M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 82009 | $3.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.88 | 8212 | 1 |
View Market Depth
| Last trade - 09.43am 21/06/2024 (20 minute delay) ? |
| PLS (ASX) Chart |
Day chart unavailable