ASX: PLS going to the bottom of the channel

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Just be wary that PLS might fall to the bottom of the channel. Thick bearish clouds ahead and RSI has more lows to go.
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PLS on target.
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If 0.60 doesn't hold, we see it going to 0.786 retracement @ 0.56
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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.

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ASXaudChart PatternsTechnical IndicatorsPLSTrend Analysis

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