@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
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$2.98 |
Change
-0.020(0.67%) |
Mkt cap ! $8.972B |
Open | High | Low | Value | Volume |
$2.92 | $2.98 | $2.90 | $38.78M | 13.16M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 15056 | $2.97 |
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Price($) | Vol. | No. |
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$2.98 | 89928 | 9 |
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No. | Vol. | Price($) |
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1 | 11000 | 2.970 |
2 | 5067 | 2.960 |
1 | 7500 | 2.950 |
1 | 10000 | 2.940 |
4 | 11699 | 2.920 |
Price($) | Vol. | No. |
---|---|---|
2.980 | 31000 | 3 |
2.990 | 28400 | 2 |
3.000 | 113777 | 14 |
3.010 | 8821 | 3 |
3.020 | 135253 | 6 |
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