PLS chart, page-7311

So we came in with a days high of $3.16 which was smack on the fib extension of .618% of fractals 1 - 3 combined (Fractals in blue)

Im still a little wary about fractal 4. If its wrong there is a way to go higher with wave 1.

However it did seem to run out of puff a little yesterday, understandable considering SP has gained over 50% in 8 weeks.

2 Gaps. $2.60 and yesterdays $3.01. The last almost certainly will fill, possibly as early as today IMO.

In regards the $2.60, it is still well within Fib retracement levels, though it should be noted we left a gap at $1.55 last year at around the same time, plus it did tray and fill and missed it by 2c.

US had a decent night generally for Li stocks though looks like profit taking kicked in later in the day.

Best outcome could be a bit of side ways action for a week or so of consolidation $2.74 - $2.95 area, until fill year accounts released or a BMX auction.

GLTAH


Hourly Chart