Got a huge surprise when it jumped passed over the $4 line n pulled back a little...only if I knew it was going to happen on Monday, cld have bought more!
Got a huge surprise when it jumped passed over the $4 line n pulled back a little...only if I knew it was going to happen on Monday, cld have bought more!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.
Good evening Rabbito late night for you. I have been a bit cutioous with PLS though trading slowly, picking up enough profit each time to make it worthwhile. Perhaps $4 something tomorrow.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.
Same here I ummed and erred at the 43.65 mark but the bloke in the mirror was keeping quite at that stage.Got a huge surprise when it jumped passed over the $4 line n pulled back a little...only if I knew it was going to happen on Monday, cld have bought more!
Good morning Farmer.? still waiting on the bus stop.Good evening Rabbito late night for you. I have been a bit cutioous with PLS though trading slowly, picking up enough profit each time to make it worthwhile. Perhaps $4 something tomorrow.
Sorry to say Rabbito, the last bus has been !!!!!Good morning Farmer.? still waiting on the bus stop.
Gotta be off eyeballs are just hanging in.Sorry to say Rabbito, the last bus has been !!!!!
Howdy Rabbito. Another good day for the PLS holders and traders.Got a huge surprise when it jumped passed over the $4 line n pulled back a little...only if I knew it was going to happen on Monday, cld have bought more!
Likely.And today after slipping on the rungs of the ladder downward made a reasonable finish to the day to be at $4.02 Come on Monday with another upward surge in the $4.20 range would be welcome.
UnlikelyLikely.
Unlikely
Hi waterbottle,How come
Hi waterbottle,
Earlier this year I posted that I was not going to comment on PLS again till they started their next UPTREND – PLS have still not yet started that UPTREND - This post is your fault waterbottle, look at what you’ve gotten me to do, Grrrrrrrrrrrrr....
ANYWAY – Here Goes Nuttin….
My comment ‘Unlikely” is purely based on TA.
Firstly, lets look at the overall recent picture below.
View attachment 156088
There was a Large Divergence (pages 45, 82, 91, 93, 95, 97-99, 102, 104, & 109) that started on 6/9/22 that ran for One Month to 6/10/22.
Immediately after that there was a Triple Top (page 18).
THOSE 2 TA SIGNALS WERE THE PROMISE OF THINGS TO COME – A BIG DOWNTREND.
That Downtrend seemed to Bottom Out @ $3.63 late Dec 22 & Early Jan 23.
Then came a Divergence AND a Benchmark Candle Formation (pages 197-199) that started on 20/1/23, those 2 TA Signals suggested more Downtrend to come.
Then on 17/2/23 I called that “On 17/2/23 I made the calls that PLS would fall to $4.15 then $3.97, then $3.76, my final call of $3.63 should be the bottom IMO” – Those 4 calls happened Exactly as I predicted.
Then after a few days below that $3.63 Bottom Trendline, PLS rose to form a Double Top (pages 20, 82, 96, 97, & 109) on late March 23 to 18/4/23.
The current Linear Regression (pages 139-142) is currently in a Downtrend and pointing to Lower Prices, incidentally, Back on 14/3/23 I suggested $3.31 then $3.00 for PLS - that suggestion is still alive.
There are several other Negative Minor Candle Signs that I have not even bothered to mention, like why the different Candle Colours between PILBF & PLS over the last week or 2..
At this point in time PLS is having a lot of trouble escaping from the current BCF.
And there are several Overhead Resistance Lines (including some I have not drawn in) for PLS to break, Not Gunna Be Easy IMO.
I would hope that by now you can see the emerging Trend that PLS is giving us – Dozens of Negative TA Signals.
NEXT we need to look at the PLS ADR PILBF (See my TA Help for Beginners Forum for an ADR Explanation).
The PILBF Chart is what PLS follows, the PILBF Chart is in an even deeper downtrend than PLB - and note the Stoch Indicator.
View attachment 156089
I Reckon any Uptrend will be very Short, then the Downtrend should continue, Punters are still wary of other Emerging Alternativer to the Pilbara Metals Product.
I can see a Date and a Price area that PLS will begin its next Uptrend, but that is for publication to the few people that understand and accept my style of analysis.. Way too many knockers here, I don't need the agro and insunuations they throw.
rcw1 a PM on its way sometime later today, gunna watch some AFL this arvo.
Hope you can all follow my TA explanations.
Cheers..
DrB.
By the way DrB,Hi waterbottle,
Earlier this year I posted that I was not going to comment on PLS again till they started their next UPTREND – PLS have still not yet started that UPTREND - This post is your fault waterbottle, look at what you’ve gotten me to do, Grrrrrrrrrrrrr....
ANYWAY – Here Goes Nuttin….
My comment ‘Unlikely” is purely based on TA.
Firstly, lets look at the overall recent picture below.
View attachment 156088
There was a Large Divergence (pages 45, 82, 91, 93, 95, 97-99, 102, 104, & 109) that started on 6/9/22 that ran for One Month to 6/10/22.
Immediately after that there was a Triple Top (page 18).
THOSE 2 TA SIGNALS WERE THE PROMISE OF THINGS TO COME – A BIG DOWNTREND.
That Downtrend seemed to Bottom Out @ $3.63 late Dec 22 & Early Jan 23.
Then came a Divergence AND a Benchmark Candle Formation (pages 197-199) that started on 20/1/23, those 2 TA Signals suggested more Downtrend to come.
Then on 17/2/23 I called that “On 17/2/23 I made the calls that PLS would fall to $4.15 then $3.97, then $3.76, my final call of $3.63 should be the bottom IMO” – Those 4 calls happened Exactly as I predicted.
Then after a few days below that $3.63 Bottom Trendline, PLS rose to form a Double Top (pages 20, 82, 96, 97, & 109) on late March 23 to 18/4/23.
The current Linear Regression (pages 139-142) is currently in a Downtrend and pointing to Lower Prices, incidentally, Back on 14/3/23 I suggested $3.31 then $3.00 for PLS - that suggestion is still alive.
There are several other Negative Minor Candle Signs that I have not even bothered to mention, like why the different Candle Colours between PILBF & PLS over the last week or 2..
At this point in time PLS is having a lot of trouble escaping from the current BCF.
And there are several Overhead Resistance Lines (including some I have not drawn in) for PLS to break, Not Gunna Be Easy IMO.
I would hope that by now you can see the emerging Trend that PLS is giving us – Dozens of Negative TA Signals.
NEXT we need to look at the PLS ADR PILBF (See my TA Help for Beginners Forum for an ADR Explanation).
The PILBF Chart is what PLS follows, the PILBF Chart is in an even deeper downtrend than PLB - and note the Stoch Indicator.
View attachment 156089
I Reckon any Uptrend will be very Short, then the Downtrend should continue, Punters are still wary of other Emerging Alternativer to the Pilbara Metals Product.
I can see a Date and a Price area that PLS will begin its next Uptrend, but that is for publication to the few people that understand and accept my style of analysis.. Way too many knockers here, I don't need the agro and insunuations they throw.
rcw1 a PM on its way sometime later today, gunna watch some AFL this arvo.
Hope you can all follow my TA explanations.
Cheers..
DrB.
Well Rabbito we can all dream of a higher SP to come.Likely.
Hi waterbottle,
Earlier this year I posted that I was not going to comment on PLS again till they started their next UPTREND – PLS have still not yet started that UPTREND - This post is your fault waterbottle, look at what you’ve gotten me to do, Grrrrrrrrrrrrr....
ANYWAY – Here Goes Nuttin….
My comment ‘Unlikely” is purely based on TA.
Firstly, lets look at the overall recent picture below.
View attachment 156088
There was a Large Divergence (pages 45, 82, 91, 93, 95, 97-99, 102, 104, & 109) that started on 6/9/22 that ran for One Month to 6/10/22.
Immediately after that there was a Triple Top (page 18).
THOSE 2 TA SIGNALS WERE THE PROMISE OF THINGS TO COME – A BIG DOWNTREND.
That Downtrend seemed to Bottom Out @ $3.63 late Dec 22 & Early Jan 23.
Then came a Divergence AND a Benchmark Candle Formation (pages 197-199) that started on 20/1/23, those 2 TA Signals suggested more Downtrend to come.
Then on 17/2/23 I called that “On 17/2/23 I made the calls that PLS would fall to $4.15 then $3.97, then $3.76, my final call of $3.63 should be the bottom IMO” – Those 4 calls happened Exactly as I predicted.
Then after a few days below that $3.63 Bottom Trendline, PLS rose to form a Double Top (pages 20, 82, 96, 97, & 109) on late March 23 to 18/4/23.
The current Linear Regression (pages 139-142) is currently in a Downtrend and pointing to Lower Prices, incidentally, Back on 14/3/23 I suggested $3.31 then $3.00 for PLS - that suggestion is still alive.
There are several other Negative Minor Candle Signs that I have not even bothered to mention, like why the different Candle Colours between PILBF & PLS over the last week or 2..
At this point in time PLS is having a lot of trouble escaping from the current BCF.
And there are several Overhead Resistance Lines (including some I have not drawn in) for PLS to break, Not Gunna Be Easy IMO.
I would hope that by now you can see the emerging Trend that PLS is giving us – Dozens of Negative TA Signals.
NEXT we need to look at the PLS ADR PILBF (See my TA Help for Beginners Forum for an ADR Explanation).
The PILBF Chart is what PLS follows, the PILBF Chart is in an even deeper downtrend than PLB - and note the Stoch Indicator.
View attachment 156089
I Reckon any Uptrend will be very Short, then the Downtrend should continue, Punters are still wary of other Emerging Alternativer to the Pilbara Metals Product.
I can see a Date and a Price area that PLS will begin its next Uptrend, but that is for publication to the few people that understand and accept my style of analysis.. Way too many knockers here, I don't need the agro and insunuations they throw.
rcw1 a PM on its way sometime later today, gunna watch some AFL this arvo.
Hope you can all follow my TA explanations.
Cheers..
DrB.
Good morning RabbitoI am at the bus stop for $3. Currently holding a sm parcel.
By the way, need your opinion on BHP or can you please do a chart for BHP. I am thinking of buying in around $40 - $42.
Good morning Dr B PLS is a winner for me today with another good lift. !!!!Hi waterbottle,
Earlier this year I posted that I was not going to comment on PLS again till they started their next UPTREND – PLS have still not yet started that UPTREND - This post is your fault waterbottle, look at what you’ve gotten me to do, Grrrrrrrrrrrrr....
ANYWAY – Here Goes Nuttin….
My comment ‘Unlikely” is purely based on TA.
Firstly, lets look at the overall recent picture below.
View attachment 156088
There was a Large Divergence (pages 45, 82, 91, 93, 95, 97-99, 102, 104, & 109) that started on 6/9/22 that ran for One Month to 6/10/22.
Immediately after that there was a Triple Top (page 18).
THOSE 2 TA SIGNALS WERE THE PROMISE OF THINGS TO COME – A BIG DOWNTREND.
That Downtrend seemed to Bottom Out @ $3.63 late Dec 22 & Early Jan 23.
Then came a Divergence AND a Benchmark Candle Formation (pages 197-199) that started on 20/1/23, those 2 TA Signals suggested more Downtrend to come.
Then on 17/2/23 I called that “On 17/2/23 I made the calls that PLS would fall to $4.15 then $3.97, then $3.76, my final call of $3.63 should be the bottom IMO” – Those 4 calls happened Exactly as I predicted.
Then after a few days below that $3.63 Bottom Trendline, PLS rose to form a Double Top (pages 20, 82, 96, 97, & 109) on late March 23 to 18/4/23.
The current Linear Regression (pages 139-142) is currently in a Downtrend and pointing to Lower Prices, incidentally, Back on 14/3/23 I suggested $3.31 then $3.00 for PLS - that suggestion is still alive.
There are several other Negative Minor Candle Signs that I have not even bothered to mention, like why the different Candle Colours between PILBF & PLS over the last week or 2..
At this point in time PLS is having a lot of trouble escaping from the current BCF.
And there are several Overhead Resistance Lines (including some I have not drawn in) for PLS to break, Not Gunna Be Easy IMO.
I would hope that by now you can see the emerging Trend that PLS is giving us – Dozens of Negative TA Signals.
NEXT we need to look at the PLS ADR PILBF (See my TA Help for Beginners Forum for an ADR Explanation).
The PILBF Chart is what PLS follows, the PILBF Chart is in an even deeper downtrend than PLB - and note the Stoch Indicator.
View attachment 156089
I Reckon any Uptrend will be very Short, then the Downtrend should continue, Punters are still wary of other Emerging Alternativer to the Pilbara Metals Product.
I can see a Date and a Price area that PLS will begin its next Uptrend, but that is for publication to the few people that understand and accept my style of analysis.. Way too many knockers here, I don't need the agro and insunuations they throw.
rcw1 a PM on its way sometime later today, gunna watch some AFL this arvo.
Hope you can all follow my TA explanations.
Cheers..
DrB.
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