PLS 5.18% $2.93 pilbara minerals limited

@Nichola - As you mentioned, this should be a charting thread....

  1. 262 Posts.
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    @Nichola - As you mentioned, this should be a charting thread. Don't mean to be a buzz kill but it seems some traders sentiment changes as fast as Melbourne's weather.

    I don't mind the strategy of holding "x" amount of your shares and trading the rest using Technical Analysis. However, it's quite obvious when posters attempt to manipulate people's emotions. Anyways, I don't get persuaded by anything except the charts.

    Yes I've been holding PLS for a while and will continue to do should the company continue posting stellar results. Although, i did lock in some paper gains on Friday due to TA and following 'my trading rules'.

    To keep the eye on the ball, I've constructed the below chart for your views and opinions. $3.62 is the key resistance at this stage in which buyers would aim to break, imo.

    As one of the posters mentioned "nothing stays up forever", I've identified a buying zone. Should persistent sellers attempt to bring PLS back down to this range - I'll be waiting.

    Personally, I don't see PLS returning to $2.80 but I also didn't expect to be gifted with shares at $2.

    Time will tell.

    https://hotcopper.com.au/data/attachments/4634/4634203-225fd56a1df7dc4d8ed50afd9af63862.jpg


 
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Last
$2.93
Change
-0.160(5.18%)
Mkt cap ! $8.823B
Open High Low Value Volume
$3.05 $3.08 $2.91 $69.76M 23.57M

Buyers (Bids)

No. Vol. Price($)
22 294361 $2.92
 

Sellers (Offers)

Price($) Vol. No.
$2.94 3706 2
View Market Depth
Last trade - 16.10pm 19/11/2024 (20 minute delay) ?
PLS (ASX) Chart
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