ASX: PLS Pilbara Minerals

PLS We are pounding on the support line $0.865 the third time.

I am not confident that this support will hold, look for support around $0.81.

The TK cross last week above the clouds was a sign of an incoming bearish signal albeit a weak one. Yet the prices continue to fall and refused to close above the clouds for 2 consecutive days already. I believe that prices will continue to trend south.

A break and close above $0.91 will invalidate this view.