Hi @sreeve – Nice call on the weekly chart and the ascending triangle pattern. I’ve replicated the pattern on the daily chart shown below. The 5oc target was exceeded and now seems to be providing support in the current consolidation pattern. On a break of this consolidation to the upside the Fib target is around 65c. We may have to wait for the SP to bounce off the 50MA again. I’ll be watching for a cross up of the WaveTrend indicator from around the zero level to signal a continuation of momentum to the upside.
I'm not sure of the FA on this stock. Anybody got any comments or advice?
ATS Chart, page-19
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Last
1.0¢ |
Change
0.002(25.0%) |
Mkt cap ! $11.60M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.9¢ | $3.745K | 414.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 54445 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 5312878 | 15 |
View Market Depth
| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
| ATS (ASX) Chart |
