PLS chart, page-22867

@akgo01
@redbacka

Spot on.

Lets see if this flies.

However, for those skeptical of Wyckoff and Elliot Wave Theory, a bit of a disclaimer and context to the chart reading!

IMO
- generally it always takes longer for things to become evidence than merely a Wyckoff schematic (which I think are fairly good guides and fairly well proven over yrs and different stocks; and by some of the greatest analysts alive and past) - ie. to get from one side of the city to the other - but its only an inch on the map! It takes time;

- the schematic is just a guide, could have many ways of expressing its journey eg 1, 2, 3, 4..... Springs, many up/down sideways, lots of smoke and mirrors. All for one purpose - eventual profit.

- PLS is a strange and volatile beast with multi heads and different drivers for each head - sometimes apposed;

- multi geopolitical shenanigans, risks, and agendas ;

- commodity influences;

- BUT, BEOT and instos will want a return at some stage on their investment. 635M shorts do not come cheap (maint%+cover cost). Can't go on ad infinitum even their pockets have limits.

- interesting that Phase C/D Wyckoff is also beginning of new cycle Elliot Wave 1 (super wave level). Coincidence????????? Will this kick off under the disguise of the FY Report?

- will be interesting next couple of months leading upto acquisition on LRS. Will there be a small Special Div before this ?

- patience it will all happen, this is a long program and game

- good luck all

- now back to the holiday