It does appear (support) at Mr. $2.97c., on the 2 year HOURLY lr chart, is done & dusted.
So, time to take another look at the bigger WEEKLY picture.......with a Fibonacci overlay.
Although not an avid Fibonacci fan, it never ceases to amaze how often (usually in hindsight) those price patterns do become self-fulfilling.
$2.80c. is a key support level in this WEEKLY scenario, and closes below same would be an indication to expect further down side.......with an interim TP of $2.48c.
Cheers.....and keeping in mind, FUNDAMENTAL analysis and TECHNICAL analysis are NOT mutually inclusive.
[ATTACH] It does appear (support) at Mr. $2.97c., on the 2 year...
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.98 |
Change
-0.030(1.00%) |
Mkt cap ! $8.974B | |||
| Open | High | Low | Value | Volume |
| $3.00 | $3.11 | $2.97 | $82.16M | 27.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 65571 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 7500 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |