Bullish potential detected for PLS

May 31

Entry conditions:
(i) higher share price for PLS along with swing up of indicators such as DMI/RSI.

Depending on risk tolerance, the stop loss for the trade would be:
(i) below the quarterly VWAP (currently $6.09), or
(ii) below the rising 50 day MA on the daily chart (currently $5.73).

Jun 6

Trade active

UPDATE (week ending 05-Jun): Trade activated on Monday 1st June and initially performed quite well before turning around with the general tone of market sentiment throughout the remainder of the trading week. Depending on level of risk tolerance, certain traders/investors may have been stopped out from the initial stop regarding the quarterly VWAP.

Jun 12

Trade closed: stop reached

UPDATE (week ending 12-Jun): For those traders/investors who may not have been stopped out from the initial stop during last week's trade, the ultimate stop below the 50 day MA would've been triggered early in the week. Such is the nature of trading - let's look for the next possible trade...