The pullback of the last 2 trading days is a normal consolidation routine after the upswing from the lower support line to the upper resistance line. That is the way I see it.
I had thought this pullback would reach around the upper support line before turning up. But the very strong close of lithium stocks in Hang Seng yesterday and in the US last night, which usually affects the close of lithium stocks in ASX, has made me unsure. So I'll just wait and see.
Judging by the fact that the upper resistance line has been established and the sp pierced it, I think this accumulation phase is entering its final stages.
PLS chart, page-23312
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Last
$3.01 |
Change
0.100(3.44%) |
Mkt cap ! $9.064B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.02 | $2.83 | $89.14M | 30.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 245889 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 76015 | 16 |
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| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |