$plsASX:PLS $pls.ax Which short trigger will come first We are at range low so if this has any chance now is the time to bounce, I think if we bounce it will be weak and soon roll over.. Red zone is for shorting.. Hold below range low and i think we niuke to 2.50 ish range.. in GreenShortby gillman_hughUpdated 4
Pilbara Mineral - Bull Flag CaseNot going to cover the commodity price...I get it. However I will cover what I see on the chart. On the lead up to it's ATH, to me it painted several bull flags. Obvious argument to make in hindsight. Currently I'm making the case for a massive bull flag. Yes that would require a change in sentiment, momentum...you name it for lithium. If/when that happens the Pilbara chart looks well poised for me. by Swick150
PLS,The Bull of Lithium Target $5PLS has been very strong keep going up after big drops, 5/10/20/60 MAs are Lining up below. The trend is very strong like a Rocket. There are many investors who seeing the future of Lithium industry. if you want to make good money, Come and join this ride on this amazing rocket! Happy trading.^.^ Longby Alf200020Updated 3
RiskMastery's Red Flag Stocks - PLS EditionWelcome to RiskMastery's Red Flag Stocks - Stocks with bearish potential. In this edition, we'll be looking at ASX:PLS ... I believe this code is at a point of potential volatility. If price can hold below $4.02 ... Bearish potential may be unlocked. My key downside targets include: - $3.50 (Conservative) - $2.62 (Medium) - $1.90 (Aggressive) If however price breaks above $4.58 ... Bullish potential may be unlocked. (My key risk targets - C, M,& A - are as noted on the chart) Enjoy, and I look forward to being of further service into the future. If you'd like to connect, feel free to reach out and comment below. Mr RM | Risk Mastery Disclaimer: This post is intended for educational purposes only - Publicly available RiskMastery information & content is not intended to be financial advice in any shape or form. Please do your own research and seek advice from a licensed professional before acting on any of the information contained within this post. This post is not a solicitation or recommendation to buy, sell or hold any positions in any financial instrument. All demonstrated trades are merely incidental to the educational training RiskMastery aims to provide. You are solely responsible for your own investment and trading decisions, of which should be made only according to your own opinion, knowledge and experience. You should not rely on any of the information contained on this site or contained in any RiskMastery material on any website or platform. You assume the sole risk of any trade or investment you elect to make. RiskMastery and affiliates shall not be liable to you for any monetary losses or any other damages incurred directly or indirectly, from your use, reliance or reference of RiskMastery materials, content and educational information. Thank you for your understanding and cooperation - We look forward to working with you into the future to navigate the fine line of trading and investment success.Shortby Bullfinder-official2
PLS : Australian Lithium: Bullish: GARTLEY detectedPLS: Australian Lithium. Let me remind you that Australia is the leading producer of Lithium in the world (50% of global extraction). This “white gold” is mainly used in the manufacture of batteries for smartphones and electric vehicles (TESLA, Mercedes, etc.). LAC lithium prices are currently very low! This is therefore a strong buying opportunity.Longby Le-Loup-de-ZurichUpdated 8
PLS play in range until breakoutMarket cycle playing out. I think we are almost at the bottom of this cycle. Invalid if breaks down.by Doctor_Zeus113
H&S Pattern aftermarth + short termA head and shoulders pattern has formed between 24/07/2023 to 28/08/2023. With a close above $4.44 on 28/08; we can expect some relief trading in the morning of 29/08/2023 to a potential $4.70 (where the second shoulder started to form) before trading to the downside in anticipation of ex-dividend on 05/09. Data update from T-4 settle of short selling will update as well perhaps recording an overall short % of 10%+ (an increase of 1.4% from 8.7%). Trade entered at $4.51 with price target of $4.70 (an upside of 5%) Shortby BigSkytreeUpdated 117
Pilbara with combination Technical AnalyzePilbara is an energy and mining company. In technical analysis, it can be observed that the trend within the chart is a bullish trend with reasonable corrections. Currently, it has formed a falling wedges pattern on the D1 timeframe and has confirmed the formation of a swing higher high. To enter the stock with a calculated risk, we can consider entering the range of $4.6-$4.7, with a support zone of $4.39-$3.43, where there is a significant volume demand. The maximum take profit (TP) target is around $7.7, with the first TP target at $6.5.by Kelvin03A4
PLS Long (ASX)The C wave from March 2023 demonstrates bearish movement from falling lithium spot prices and a bearish macro environment. The C wave movement has turned this from a running flat to an expanding flat . Interesting to watch market psychology is at play here as participants sold PLS down despite a 1.2 billion in profit and a maiden 11c dividend paid out. Prices reached as low as $3.5 during this period. This could either be a completed expanding flat or the C wave in this flat could actually be the beginning of a new A wave. As demonstrated by the 2016 to 2020 corrective flat, prolonged consolidation lead to a 35 bag movement. Regardless of whether it's the beginning of a new A wave or the end of an expanding flat, consolidation is healthy. Expect short term upside too. PLS long for the next decade. ** Note: During the end of March 2023, Albermarle attempted to acquire LTR. The big players are accumulating despite bearish sentiment. Longby Itachi2397
AnalysisWe are below the vwap so in a downtrend. However if we have the support line broken by a large red candle and followed by a red volume we would have a high probability of having a continuation of the downtrend. On the other hand, if we have the break of the vwap indicator and the break also of the resistance line by a large green candle and followed by a large green volume we have a good chance of having a reversal of the trend, c ie the uptrend.Thanks!by PAZINI195
Buy ideaAs you see on the chart we have the breakout with force the vwap indicator and the resistance line by a big green candle with a large green volume so it's mean that we will have a big probability of an uptrend. Thanks.by PAZINI19335
Medium term bearish Bull run from 2020 likely to have ran out of steam. Oversupply + demand concerns should weigh on share price in 2023 Shortby Yabbyuwu221
ROAD TO $4 -> PLS SHORT$PLS has recently broken some key supports and further downfall looks likely. 8EMA and 20SMA crossed over and now we're seeing it test the 20SMA and fail (bearish). RSI continues to deteriorate, I think we will hit oversold around $4. If it can't establish support, $3.50 could be likely as well.Shortby SanDy00100224
Bearish Setup in ASX.PLSReactionary B-wave may bring it up +50c but ultimately its pointing down after the short term upward swing. To complete the C-wave around 4.00-3.50 longer term. Shortby ASX_Limitlesss117
PLS. Australian Lithium Operation Trending Well.Pilbara Minerals is the world's largest independent hard-rock lithium operation and the leading ASX-listed pure-play lithium company. Their Pilgangoora Project, located in Western Australia's resource-rich Pilbara region, produces spodumene and tantalite concentrate and its significant scale and quality have drawn a consortium of high-quality global partners, including Ganfeng Lithium, General Lithium, Great Wall Motor Company, POSCO, CATL, and Yibin Tianyi. The stock is up a bit over 160% over the last 12 months and with Elon and competitors around the world looking for Lithium hopefully their success and new price higher highs will continue for a while to come. Could be one to add to your watch list and do some more research around. by zAngus227
Pilbara minerals PLSOne of the best performing lithium stock of recent times. It has hit ATH of the market price and ready to go for correction for some time. What goes up must come down sooner or later🤞 by sanv-TPD3
PLS.ASX_Bullish Retracement Trade_LongENTRY: 3.27 SL: 2.98 TP1: 3.53 TP2: 3.71 - ADX>25 - Daily RS +ve - Daily FFI +ve - Weekly RS +ve - Weekly FFI -ve - Moving averages are aligned. - Breakout on 11 Aug 2022 and retraced to resistance-turned-support (3.04) before rebounding off with bullish engulfing candle yesterday. - Entry today based on breakout and >3% rebound off 10EMA with volume .Longby TRADER-WANNA-BEUpdated 114
Pilbara Minerals retraced and ready to go again?Lets go PLS Will the price start to increase over the next few months? I think so. by johnnygs111
PLS RecoveryI strongly believe that it is heading towards $2.23 for accumulation/recovery before climbing to new high $4. Longby kazfinancialsUpdated 112
PLS - possible bull runHighlights Regular deep pullbacks and recover to ATH Consistency in number of days to reclaim ATH and extension to new ATH. Broken downward trend line. Under the support of lower pivot trend line. Also broken last resistance derived from double hidden divergence. Lastly, clear double bottom and broken neck line. Longby Trendoscope8843
ASX 300. Time for a correction back to the RSI uptrend?Strong stock Waiting for a pullback Volume is dropping off while price is rising RSI has fallen back below the RSI downtrend Perhaps the gap at $3 will be closed. Definitely buy if it hits the RSI uptrendby deCarbonMan2
PLS @ 27 OCT 2021Text me if you have any questions/comments for me. ----- PLS - Previous analysis was done on 20 Sep (red arrow) - Suggested waiting for a series of Higher Highs and Higher Lows - Since then, the stock dropped below the mid-term support and have had a V-shape recovery - A retracement to test the short-term support and a successful rebound will be good for the mid-term trend of the stock - Strong overhead resistance zone at 2.40-2.50 levels - R is more than 10% - Strategy-to-buy (DYOR) – Suggest waiting for a retracement and successful rebound by Jerm880