PLS chart, page-4741

Interesting chart, and as we expected it did have a little pull back but nicely in the respective channels.

It came back to the .382 fib at $3.69 and just nipped into $3.68

I think a good sign that held there as it means in all likelihood there is another fractal on the cards.

We are at the beck and call of the US leads a little, but I think we could cope with a slight negative day and not put us too far off our tracks.

In regards to an ABC correction, would not want to jinx it just yet, however it’s put on $2.03 in this set of waves from $1.78 to $3.81 and likely more to come.

Spoiler alert - the gap at $2.98 is within retrace territory based on historical fib retracement for PLS.

I’m still optimistic a price beginning with $4.00 is on the cards before need to come up with some final numbers.

Another thing I’m wondering, is how many of the entitlements that anniversaries on the 18th Jan will be looking to exit?

Note end Jan can be choppy for markets and Feb is the second worst performing month historically for markets generally.

GLTAH