Pilbara Minerals (PLS)

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Pilbara Minerals

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Pilbara Minerals (PLS): Trading Signals

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Summary

Pilbara Minerals current pivot point (DeMark) is:
(R1) $0.87.

The current pivot point (DeMark) is:
(S1) $0.85.



Demark Pivot Points start with a different base and use different formulas for support and resistance. These Pivot Points are conditional on the relationship between the close and the open.

Calculation: Demarks Pivot Points:
1) If Close < Open then X = High + (2 x Low) + Close;
2) If Close > Open then X = (2 x High) + Low + Close;
3) If Close = Open then X = High + Low + (2 x Close) ;
4) Pivot Point (P) = X/4;
5) Support 1 (S1) = X/2 – High;
6) Resistance 1 (R1) = X/2 – Low;


PROFILE: Pilbara Minerals (PLS.AX)


Stock Exchange: ASX
Company: Pilbara Minerals
Ticker Codes: | PLS.AX | ASX:PLS |

About Pilbara Minerals (ASX:PLS):

Pilbara Minerals Limited engages in the exploration, evaluation, and development of mineral resources in Australia. It focuses on the development of Pilgangoora Lithium-Tantalum Project located in the Pilbara region of Western Australia. Pilbara Minerals Limited has a strategic relationship with POSCO Cements. The company is headquartered in West Perth, Australia.

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