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PLS chart, page-22897

  1. 3,105 Posts.
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    Hi Folks

    Another quick look at the weekly charts.

    What strikes me is that after the long drop (blue FIB earlier we got a 38% bounce) and currently after a long drop (Red FIB) we are sort of due for a replay bounce.

    The current MACD is heading towards positive and with the previous bounce it turned positive for a short while (purple ellipses).

    Just speculation about what wouldn't surprise me, after a long down trend with the only bounce along the way towards the top of the downtrend followed by a strong 14 week downtrend. So DYOR.

    cheers Lies


    https://hotcopper.com.au/data/attachments/6410/6410628-b9fc6f4ae0157145243e63ea66c43921.jpg

 
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