PLS 1.05% $2.82 pilbara minerals limited

Hi All, Few notes below on why we're going on a run very soon,...

  1. 80 Posts.
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    Hi All,

    Few notes below on why we're going on a run very soon, why we're heading toward $3-$4 in the next few months, and why I'm holding for much higher than a few more bucks...

    Basic Technicals: (1) Bull flag forming, (2) Daily and weekly Stochastic RSI bottoming out, (3) RSI moving away from overbought territory in the weekly, (4) We've bounced off support multiple times in the past few weeks - $2ish is support now, (5) Upward trend looking pretty locked in IMO.

    Fundamentals: (1) BMX auction going to see PLS lower grade 5.5% Spod go for $1,000/mt, (2) POSCO deal will happen, but the longer we wait, the longer we have to capture more of that beautiful "addressable margin" below, (3) Calix could be a sleeping giant for PLS - just wait and see, (4) PLS's resource just grew by ~39% lol... the news is so bullish its funny, and (5) Macro environment looks great, lithium demand isn't slowing down and it really feels like a generational opportunity to make some life changing money IMO.

    Cheers - Woly

    https://hotcopper.com.au/data/attachments/3552/3552004-82bd4a5b58ed2b715e7c7e187f84dd98.jpg


    https://hotcopper.com.au/data/attachments/3552/3552013-7c27d11597c600cad3b647ec25d5f7ef.jpg

 
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