PLG before 206% increase.

13 de mar. de 2021

PLG before 206% increase. It can be seen from the analysis that the price movement started the construction of an ascending wave sequence from the end of the second accumulation phase. It can be seen that in the accumulation phase, he built 3 wave sequences. It may follow that the construction of the 3rd wave in the accumulation range has also been completed. It can also be seen that the two accumulation regions form a fractal. The fractal rule is fulfilled by the shape. The percentage of the two accumulation ranges is the same, but its size is double. I have talked about this a lot in his analyzes. This is due to logarithmic vertical scaling. In other words, the dynamics of price movements (accumulation range) are the same in both cases, regardless of the value of current prices. This, in turn, suggests that the rise should continue with similar dynamics. So with the same percentage (267%) and double the size. Continuing the logical course, this means that the price movement of PLG shares may start to rise sharply. Target price: 12.86usd I would like to draw your attention to the fact that the current analysis is a fractal-based technical analysis. You can’t ignore the fundamental fact that this company is a “start-up” mine. With one of the largest palladium layers in the world. The fair value of its shares is 4.51 usd. Which means the company’s current pricing is perfectly in line with market expectations.