It certainly feels pretty blah right now, but one small consolation imo is PLS's chart.
There is now a 5 wave structure (Elliot wave theory) down from its ATH on 25/10/22.
It is common for there to be 5 waves in a significant move such as this
(comprised of trend and countertrend)
The length of the first down trending wave was $2.30.
The length of the second wave was $2.33.
The length of this 5th (and hopefully final wave) so far is $2.27.
So if these wave lengths are ballpark consistent, we just may have seen the end of the final push down.
Let's hope so.
Not financial advice. DYOR.
WR1 General Discussion, page-32823
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