We broke trend on the weekly RSI!If a big brain TA person could...

We broke trend on the weekly RSI!

If a big brain TA person could pipe up share their thoughts, that would be awesome.

But here is what I think (IMO, DYOR, etc...):

• Historically trend breaks were followed by a pretty nice run up.
• A similar run would see us cleanly at the 1.618 fib level @$5.00.
• $5.00 ($15B MC) , arguably isn't even fair value when:

1. currently selling at a rate of 500ktpa of SC6% @ ~$4000 USD/t,
2. ramping up towards 680ktpa, and
3. only a bees d**k away from setting a date for 1Mtpa capacity ramp up.

All other lithium "miners" that haven't dug anything up have future capacity priced in to their SP...
$5.00 is fair value for about 350-400tpa @$4,000 USD/t.
Its only a matter of time until the market realizes PLS will be at 1Mtpa SC6% before most of your other asx lithium miners are reliably producing 100ktpa.

Theres a lot of catching up to do, and I think the next catalyst might be some news in the upcoming presentation this Thursday

Cheers - Woly