This was the last bottom in March 2020. The 13.5c intraday low didn't make it outside my bollies. I purchased anyway, at 15c. The retest in April, didn't come close, 18.5c.
Below is now. The Acc/Dist indicator which has until recently had a divergence, took a hit. This lines up with the increased short position. Is this a head fake by the BEOT to create capitulation? We shall find out. Sometimes, gut feel is a better indicator than all this digital shenaniganism. Yes, I have created a new word and added to my dictionary. That wick outside the bollies in early June maybe it. As always, time will tell and we'll know after the event.
PLS Price at posting:
$1.21 Sentiment: None Disclosure: Held
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