PLS 0.69% $2.90 pilbara minerals limited

Let's keep the eye on the ball here and stay focused on the...

  1. 261 Posts.
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    Let's keep the eye on the ball here and stay focused on the Charts .... Since this is a 'Chart Thread'.

    As we broke through the previous ATH, i was relying on the upper trend line as an approx indication of where we may found some resistance. It appears this is the case as the SP dropped slightly under $3.62 (No complaints ... been a stellar run).

    I've now added 'Zone 4' which isn't reliable yet, however gives me some speculation on where the SP may be heading next.

    For now, i wouldn't mind if PLS consolidates in this range to build some support zones (for TA purposes) before we receive quarterly updates and any upcoming BMX Results.

    @GARETH78@dfs1 - Any updates on your charts?

    Previous Chart - The upper Channel (red trend line) was used as an indication of the next resistance

    https://hotcopper.com.au/data/attachments/4671/4671688-c9060a91f3cb4750f4d669dde4e35bb5.jpg
    Current Chart - Seems like we found some resistance as previously anticipated.

    https://hotcopper.com.au/data/attachments/4671/4671690-0b8f497a463a3f1ad290de8a02c07f31.jpg
 
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