Oversold bounce on $PLS 1HR chart
Current sentiment:
*Goldman Sachs big net sellers, deutsche bank big buyers
*High volume in the sell off from the highs
Signs of a reversal are possible:
* Dragon fly doji showing on the hourly chart (forming into a bullish hammer)
* Dragon fly doji on right on 200ema (past data shows support on 200ema)
* Oversold RSI
Risks:
* moderate - high volume sell off
* Current sentiment on lithium plays, GXY, AJM, KDR are negative
Personally, great prices for a buy, but needs to hold and bounce from here.
*Goldman Sachs big net sellers, deutsche bank big buyers
*High volume in the sell off from the highs
Signs of a reversal are possible:
* Dragon fly doji showing on the hourly chart (forming into a bullish hammer)
* Dragon fly doji on right on 200ema (past data shows support on 200ema)
* Oversold RSI
Risks:
* moderate - high volume sell off
* Current sentiment on lithium plays, GXY, AJM, KDR are negative
Personally, great prices for a buy, but needs to hold and bounce from here.
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