PLS @ 27 OCT 2021

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PLS
- Previous analysis was done on 20 Sep (red arrow) - Suggested waiting for a series of Higher Highs and Higher Lows
- Since then, the stock dropped below the mid-term support and have had a V-shape recovery
- A retracement to test the short-term support and a successful rebound will be good for the mid-term trend of the stock
- Strong overhead resistance zone at 2.40-2.50 levels
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a retracement and successful rebound