Thanks Darkstone. Some great chart commentary. Especially the EW although that is at a level way above my skill level. Thought I would just add a visual for folks to see what we are possibly looking at on this retrace.
Yes the Fib numbers are an obvious place for all the traders and big players to plug their numbers into and yet again they have proven to be the first test point.
The gap below and the 78.6% Fib are a beacon it appears so I have highlighted that gap. We'll see how much they can flush out. As you said, the positive out of this is the upside target on the next wave/waves will be higher.
PLS chart, page-8292
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Last
$3.05 |
Change
0.050(1.67%) |
Mkt cap ! $9.179B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.12 | $3.03 | $45.56M | 14.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 262357 | $3.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.05 | 102070 | 12 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |