LT chart, still a week to go before the monthly closes. Quite a few rallies being used as exit opportunities through eyeball.
On the weekly that 32C has confluence with the rising trendline. Always difficult to gauge a trend reversal from that Jan18 peak. There have been at least 3 bear rallies:
Feb-July 2018
Dec18-March19
Dec19-Jan20
The risk is that if horizontal support 32C should break, the trendline will come into play. If the latter should also break then 25C is the next horizontal; level.
Anyone using the moving averages or RSI will be aware that price is trading on the "right" side of the those measure. Over at ORE which I also use to gauge consensus sentiment together with GXY, both are not so rosy wiht ORE breaking support this week while GXY is testing its support.
Always difficult to gauge a recovering trend reversal or picking bottoms. Good luck
PLS chart, page-332
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Last
$4.18 |
Change
0.120(2.96%) |
Mkt cap ! $12.58B | |||
| Open | High | Low | Value | Volume |
| $4.13 | $4.20 | $4.11 | $86.61M | 20.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1408666 | $4.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.19 | 165878 | 22 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$4.18 |
Change
0.120 ( 3.20 %) |
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| Open | High | Low | Volume | ||
| $4.12 | $4.20 | $4.12 | 4580071 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| PLS (ASX) Chart |