Text me if you have any questions/comments for me.
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PLS
- Previous analysis was done on 14 Sep - Suggested half entry at 2.25 levels or wait for more confirmation of uptrend
- The next day, stock gapped up to create new all-time high and there were no entry opportunities
- Stock has retraced back to the 2.00-2.05 support zone -> shows a lot of weakness
- Any break of this support zone would also constitute a structure break
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a series of Higher Highs and Higher Lows
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PLS
- Previous analysis was done on 14 Sep - Suggested half entry at 2.25 levels or wait for more confirmation of uptrend
- The next day, stock gapped up to create new all-time high and there were no entry opportunities
- Stock has retraced back to the 2.00-2.05 support zone -> shows a lot of weakness
- Any break of this support zone would also constitute a structure break
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a series of Higher Highs and Higher Lows