XMD 0.47% 10,302 s&p/asx midcap 50

The Big Boys, page-631

  1. 1,751 Posts.
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    Ok your brexit scenario happened and PLS punched down through the turning point that I was initially suggesting. But look what happened today!

    From my monthly chart:
    "#Risks: ATH50% might prove the support instead of 61.8% given this respects 50% levels"

    PLS fell today to exactly the ATH50% level at $0.45 and bounced slightly. If this tests and holds, a retracement back up of 50% to $0.69 is starting to look worthwhile for a short term trade. I wouldn't normally muck around in this rubbish, but it is getting tempting.

    Maybe a safer space for the moment than trading the big stocks.
 
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