Thanks H00TS for your fine TA really appreciated and learning a lot bit by bit from your posts and some of the other experienced traders. I did a small amount of study over the weekend and looked up the meaning of "double top" &"double bottom". As I only have my learners permit at the moment a lot of the terms I see people calling for charts are beyond me.
So when double tops are forming it is not a great time for buying in.
So I take it KDR is very close to forming a double top if it were to have a retrace on strong volume back towards the support. So it would NOT be a good time for buying in unless it can break through the resistance on strong volume OR wait for double top and a retrace and see if it can stay above support.
And PLS hasn't as yet formed the second top for it to be a double top as yet but looks very similar to KDR in its trajectory.
I don't plan on buying anymore in PLS at the moment as I am already loaded and a bit top heavy, so I will just be enjoying the ride and watching it unfold into a MEGAMINE.
PoorlyGees December charts, page-9
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Last
$2.98 |
Change
0.000(0.00%) |
Mkt cap ! $8.971B | |||
| Open | High | Low | Value | Volume |
| $2.91 | $3.06 | $2.90 | $69.52M | 23.31M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1139657 | $2.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.00 | 57305 | 5 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |