Australian (ASX) Stock Market Forum

PLS - Pilbara Minerals

You could find it worthwhile to do a bit of research. Based on it's production, the shortage and rising price of Lithium I say towards $6 would be the real value IMHO
Thanks for the tip. I knew I am on this good stock. Had been doing trading when it was in early 2 bucks n even bought 2 parcels for 2 young grand daughters in their trust portfolio while me needing that cash and sold it for profit at 3 plus. Had increased my buy to near 4 but no luck. Oh boo hoo hoo to silly me. Just need my patience.
 
Latest news on BBC...All Royal Family members dressed in Black are heading to Balmoral Castle including Prince Harry and his wife Megan. I may give the Market a Flick on Friday.
 
Naw, could it ??

Monthly chart layout in the right place atm.

(click to expand)
PLS M 080922.png
 
Whoa! Looks like PLS is holding on. I thought it might fell big to give me a chance to do some top up..So far no luck yet but at least its not falling below my entry price
 
Lithium just hit an all time high, look out for the jumping Frog.

 
Hitting $5, and good report from Barry Fitzgerald today:

 
Hitting $5, and good report from Barry Fitzgerald today:

Yippee! What a Reward for holders..up up n away...6 here I come!
 
Incredible, I didn't take much notice of lithium stocks after I read that it's a common mineral. Also scepticism about the whole green battery metals excitement. The big crashes that the Li stocks went through didn't hit me as contrarian opportunities but confirmation that they were 'meme stocks' like rare earths, silver or uraniums. Congrats to those who stayed the course. I did have MIN on my radar though, but more for a crash candidate.

Not Held
 
Incredible, I didn't take much notice of lithium stocks after I read that it's a common mineral. Also scepticism about the whole green battery metals excitement. The big crashes that the Li stocks went through didn't hit me as contrarian opportunities but confirmation that they were 'meme stocks' like rare earths, silver or uraniums. Congrats to those who stayed the course. I did have MIN on my radar though, but more for a crash candidate.

Not Held
Me too had Min on my sight but didnt hit the low instead its a reverse. At one stage it hits 70...lol..am the losser.
 
losser ????


M8, you're drinking too much
Hope u r well Dr...hmmm am I drinking too much? Do you think I should board the min bus? How far will it take me? I was waiting for 60 but it hit 70 n today it's around 71.. anything bet 70 n 75 may be the support..only my guess estimation. What is your reading? Still below 80?
Too expensive on my pocket money.
 
Rabbit,
Firstly I do not follow PLS, don't know anything abt their Financials or media & Announcement reports.
So this is purely a TA Call, based on the TA Tools that I use.
My TA suggests CAUTION for the basic reasons shown on the chart.

20220923 PLS Cht.jpg


There is an obvious Sell Divergence between SP & the CCI/MFI. (refer to pages 45, 98 & 99)
And there are several other -ive TA Signals the I have not mentioned like the last 9 candles showing Loss of Momentum, & the last 2 candles showing Selling Pressure, etc, etc

Your call M8 (DYOR)
 
Last edited:
Rabbit,
Firstly I do not follow PLS, don't know anything abt their Financials or media & Announcement reports.
So this is purely a TA Call, based on the TA Tools that I use.
My TA suggests CAUTION for the basic reasons shown on the chart.

View attachment 147141

There is an obvious Sell Divergence between SP & the CCI/MFI. (refer to pages 45, 98 & 99)
And there are several other -ive TA Signals the I have not mentioned like the last 9 candles showing Loss of Momentum, & the last 2 candles showing Selling Pressure, etc, etc

Your call M8 (DYOR)
I mean MIN, how high can you expect to rise to, not PLS but Thanks for the chart
 
Top