Red candles last Friday and today!We can also see over the previous 7 trading days a very good run up to today's high of $459
But we can also see how the price retraced to close today at $441. The price may have closed 3c above last Friday's close but the indication is that the SP is falling.
Given the recent increase in lithium carbonate I expect the SP to increase over coming weeks but as usual, the shorts are looking at the spod price - which is currently travelling sideways.
IMHO, the shorts today did the classic 'pump&dump' and I expect the SP to continue heading down. Hopefully rebounding around $407 or finding the strong support at $393
With media upbeat about lithium and the price of iron ore dropping, I'm interested to see if some investors in the big-4 might buy some PLS.
NOTE: Submission dated Mon 4th March
PLS chart, page-20850
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.08 |
Change
-0.060(1.45%) |
Mkt cap ! $12.27B | |||
| Open | High | Low | Value | Volume |
| $4.10 | $4.13 | $4.01 | $60.80M | 14.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 77251 | $4.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.08 | 196223 | 10 |
View Market Depth
| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$4.07 |
Change
-0.060 ( 1.34 %) |
||||
| Open | High | Low | Volume | ||
| $4.12 | $4.13 | $4.01 | 4047240 | ||
| Last updated 15.59pm 13/05/2024 ? | |||||
| PLS (ASX) Chart |