Here's another chart from a different company showing very similar price action... huge extension to 3.618x, huge bearish RSI divergence followed by short and fast correction to around the 38% fib retracement level before a dead cat bounce (like PLS). PLSs current daily chart patterns mimic those highlighted in the yellow box on the chart.
It's entirely probable that the downtrend hasn't finished imo because weekly bearish divergences take a long time to form (18 months in this instance) and similarly long time to unwind.
It's going to be an interesting 12 months for holders.
- Forums
- ASX - By Stock
- PLS
- pls price expectations December 22
pls price expectations December 22, page-24
-
-
- There are more pages in this discussion • 48 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
$2.90 |
Change
0.020(0.69%) |
Mkt cap ! $8.732B |
Open | High | Low | Value | Volume |
$2.86 | $2.94 | $2.80 | $102.1M | 35.55M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 314863 | $2.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.91 | 20820 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 314863 | 2.880 |
2 | 149273 | 2.870 |
5 | 163973 | 2.860 |
1 | 149273 | 2.850 |
5 | 213555 | 2.840 |
Price($) | Vol. | No. |
---|---|---|
2.910 | 20820 | 2 |
2.920 | 192607 | 18 |
2.930 | 120871 | 19 |
2.940 | 508163 | 24 |
2.950 | 330238 | 32 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online