ASX: PLS going to the bottom of the channel
Just be wary that
PLS
might fall to the bottom of the channel. Thick bearish clouds ahead and RSI has more lows to go.
PLS
might fall to the bottom of the channel. Thick bearish clouds ahead and RSI has more lows to go.
Comment:
PLS on target.
Comment:
If 0.60 doesn't hold, we see it going to 0.786 retracement @ 0.56
If 0.60 doesn't hold, we see it going to 0.786 retracement @ 0.56
Comment:
I think PLS is painting a very nice bull flag but it is still too early to tell. We need to break out of the range unless you like catching a falling knife.
I would also wait for RSI to turn bullish.
I would also wait for RSI to turn bullish.