$4.33 to be more precise, which is only where it was around 5 weeks ago?
I'm not suggesting the end of the world or that PLS will no longer be an immensely profitable company generating massive profits and sitting on a cash mountain am I?
At $4.33 it is still a market cap of around $13b. I would also expect it to commence back upwards following a retrace to this level, and this would be a healthy pullback imo.
I'm as bullish on lithium as they come mate, with the vast majority of my net worth invested long term in this, and similar peers. I don't want there to be an ending diagonal triangle showing up on the chart right now - I'm just saying that's what it looks like to me.
And the last time that happened in AKE it went south immediately after.
I'm also not suggesting anyone sell - merely that I don't think this is a bullish looking chart in the short to medium term anymore. No doubt theres a few very good days left in it to hit $6 or so tho.
$4.33 or $6 in the next few months makes stuff all difference to the dividend cheques in a year or so anyway so not sure why everyone gets their panties in a knot about a correction if you intend to hold.
- Forums
- ASX - By Stock
- PLS chart
$4.33 to be more precise, which is only where it was around 5...
-
-
- There are more pages in this discussion • 13,684 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.82 |
Change
-0.030(1.05%) |
Mkt cap ! $8.491B |
Open | High | Low | Value | Volume |
$2.83 | $2.92 | $2.81 | $38.41M | 13.49M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 78974 | $2.82 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.83 | 14578 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 78974 | 2.820 |
16 | 154131 | 2.810 |
39 | 593830 | 2.800 |
11 | 287633 | 2.790 |
12 | 232218 | 2.780 |
Price($) | Vol. | No. |
---|---|---|
2.830 | 14578 | 5 |
2.840 | 30000 | 2 |
2.850 | 83702 | 6 |
2.860 | 361267 | 9 |
2.870 | 10000 | 1 |
Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |