Half an eye on the range-bound, sideways chart... The rest of my attention on the shorts.
Could this week be when the short squeeze starts? I've bet YES, with a BUY. What's more certain is the shorts are covering in a, so far, orderly fashion.
Either way PLS is going up, not in spite of the shorts, but because of them covering.
Shorts aside, the fundamentals of the wealth PLS has, and is creating will last and last and... As for coming late to the Li (with a Ta kicker) party, I think the shorts have put a lid on that, but the sp + volume pressure is rattling that lid HARD.
The shorts have the power/shares to attack, so beware. That volume of shares is a two-sided blade, so squeeze.
OV
Squeeeeeeze
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 (20min delay)
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Last
$3.05 |
Change
0.050(1.67%) |
Mkt cap ! $9.179B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.12 | $3.03 | $45.56M | 14.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 262357 | $3.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.05 | 102070 | 12 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |