What I suggested there is that I think PLS is currently in Phase D, and therefore should move into Phase E soon. My "soon" is relative to the length of this accumulation phase that has been going on for more than 6 months (since early October 2023). I have in mind a week or two.
Now, if by Thursday the sp goes up above the SOS, which is in this case the recent high $4.58, that means PLS enters Phase E. And if that is case, I strongly believe that the quarterly report on Friday won't be able to pull the sp back down below $4.
I don't think the doji last Friday indicating a retrace. I see it as an indication of a small pullback only, because the weekly candle last week is a bullish engulfing candle.
(Talking about alluring, oh ... how I wish I could be alluring to all the ladies in this forum!)
PLS chart, page-21205
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 (20min delay)
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Last
$3.32 |
Change
-0.090(2.64%) |
Mkt cap ! $9.992B | |||
| Open | High | Low | Value | Volume |
| $3.35 | $3.41 | $3.31 | $89.32M | 26.72M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 294146 | $3.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.32 | 107033 | 5 |
View Market Depth
| Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
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Last
$3.30 |
Change
-0.090 ( 4.20 %) |
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| Open | High | Low | Volume | ||
| $3.35 | $3.41 | $3.30 | 11110521 | ||
| Last updated 16.03pm 13/06/2024 ? | |||||
| PLS (ASX) Chart |