PLS - Pilbara Minerals

[DrBourse]

As a follow-up to my above post, thought I would give another example of the Benchmark Candlestick Formation done for a M8 of mine back on 16/11/22, along with a copy of the RIC Charts for 17/2/23 & 15/3/23.......

And Todays Chart 15/3/22..........

This is a perfect example of the Benchmark Candlestick Formation...

RIC is still under the effects of this BC Formation 4 Months after it formed - and looks likely to govern RIC's SP for a bit longer,,

Cheers....
DrB.

 

[Boggo]

Weekly chart, re-entry approaching ?

(click to expand)

 

[Rabbithop]

Weekly chart, re-entry approaching ?

(click to expand)View attachment 155026

Thank you. Interesting to watch the unfolding.

 

[sptrawler]

As usual great post @Boggo it certainly looks like an add opportunity to me.

 

[Rabbithop]

As usual great post @Boggo it certainly looks like an add opportunity to me.

Hope you round up some. Giddy up today.

 

[explod]

On the ball Boggo, good jump up 15% today so far.

 

[explod]

Not looking that good at the moment and will need to break through $4.30 if I'm to have any chance,

However good luck to all. Should wait till end of the month. My SVL is looking good lol

 

[farmerge]

View attachment 155237

Not looking that good at the moment and will need to break through $4.30 if I'm to have any chance,

However good luck to all. Should wait till end of the month. My SVL is looking good lol

PLS is a bit like playing Snakes and Ladders currently. Up a bit and then down. Just have to pick the right "down" to make the wallet feel fatter.

 

[DrBourse]

Bingo - PLS now below $3.63 - got there a week sooner that I expected - Dunno where to next - $3.31 or maybee $3.00 - No more calls on PLS from me until after the next uptrend begins.....
View attachment 154340

I thought the recent PLS ST Rise was too good 2B true - PLS shoud be down by abt $0.18c today, 5/4/23, that would take todays SP Close close to $3.43 - so $3.31 or even worse $3.00 may not be far away - now you know why I did not want to call a PLS ST Uptrend back on 14/3/23 - I will wait till PLS hits $3.00 or lower B4 I get involved with PLS future ST Trends - I need to see more TA.....

Sorry bout that Farmerg.
Cheers..
DrB.

 

[Rabbithop]

I thought the recent PLS ST Rise was too good 2B true - PLS shoud be down by abt $0.18c today, 5/4/23, that would take todays SP Close close to $3.43 - so $3.31 or even worse $3.00 may not be far away - now you know why I did not want to call a PLS ST Uptrend back on 14/3/23 - I will wait till PLS hits $3.00 or lower B4 I get involved with PLS future ST Trends - I need to see more TA.....
View attachment 155394
Sorry bout that Farmerg.
Cheers..
DrB.

?$3 here I come!

 

[farmerge]

I thought the recent PLS ST Rise was too good 2B true - PLS shoud be down by abt $0.18c today, 5/4/23, that would take todays SP Close close to $3.43 - so $3.31 or even worse $3.00 may not be far away - now you know why I did not want to call a PLS ST Uptrend back on 14/3/23 - I will wait till PLS hits $3.00 or lower B4 I get involved with PLS future ST Trends - I need to see more TA.....
View attachment 155394
Sorry bout that Farmerg.
Cheers..
DrB.

DrB 8.32am WST PLS $3.695

 

[farmerge]

?$3 here I come!

Rabbito I am hoping that $4 is more to the point. Happy to see the closing price of PLS today at $3.73.
Due to work was unable to focus on the market for the last 3 hours.
Usual scenario 3 tiers of Govt to support.
I guess the smart money would have jumped on board at $3.63 and perhaps made a tidy exit at $3.70+.
My sage has been extremely quite and perhaps somewhat negative for the past few days, so I take that on board and am just an interested bystander for the time being.

 

[Rabbithop]

Rabbito I am hoping that $4 is more to the point. Happy to see the closing price of PLS today at $3.73.
Due to work was unable to focus on the market for the last 3 hours.
Usual scenario 3 tiers of Govt to support.
I guess the smart money would have jumped on board at $3.63 and perhaps made a tidy exit at $3.70+.
My sage has been extremely quite and perhaps somewhat negative for the past few days, so I take that on board and am just an interested bystander for the time being.

Good on you Farmer, if in doubt, take a break. I am looking to pick up more at LOW.

 

[DrBourse]

I thought the recent PLS ST Rise was too good 2B true - PLS shoud be down by abt $0.18c today, 5/4/23, that would take todays SP Close close to $3.43 - so $3.31 or even worse $3.00 may not be far away - now you know why I did not want to call a PLS ST Uptrend back on 14/3/23 - I will wait till PLS hits $3.00 or lower B4 I get involved with PLS future ST Trends - I need to see more TA.....
View attachment 155394
Sorry bout that Farmerg.
Cheers..
DrB.

The $0.18c PLS pullback I was expecting yesty 5/4/23 did not eventuate - it happened today 6/4/23.... Sorry bout that, missed it by one day...

Cheers....
DrB

 

[farmerge]

The $0.18c PLS pullback I was expecting yesty 5/4/23 did not eventuate - it happened today 6/4/23.... Sorry bout that, missed it by one day...
View attachment 155461
Cheers....
DrB

PLS has had the rug pulled out again today. Was hoping that yesterday's rise might continue today.

 

[DrBourse]

Hi farmer,....Nup, I knew that $0.18c drop was going to lob, just that my calcs were one day too quick.... can not see wats next for PLS

 

[farmerge]

Hi farmer,....Nup, I knew that $0.18c drop was going to lob, just that my calcs were one day too quick.... can not see wats next for PLS

Well Dr B hopefully itsnot going to be of the same downhill slide. Looking for the chairlift to take the ride uphill again!!!!

 

[rcw1]

Well Dr B hopefully its going to be of the same downhill slide. Looking for the chairlift to take the ride uphill again!!!!

Hello farmerge
rcw1 will piggy back the share up and over the gain line ... but as it has been very very naughty no easter eggs... allowed ... ha ha ha

Happy Easter... to one and all.

Kind regards
rcw1

 

[farmerge]

Hello farmerge
rcw1 will piggy back the share up and over the gain line ... but as it has been very very naughty no easter eggs... allowed ... ha ha ha

Happy Easter... to one and all.

Kind regards
rcw1

Got half the mob from Tom Price descending on us for Easter. Will put eldest son to good use over this time.
rcw enjoy the break also!!!

 

[farmerge]

Seems that PLS has risen up from the ashes the past few days to hit $4.04 as today's high. I, as usual bailed out, with a tidy profit before $4, but unfortunately miseed the boat (not the Good Capt's) when another few cents on the profit could have been achieved. I do have another buy in in the low $3.90's and if there happens ro be a drop maybe I'll be on board again.