Looks to me like it's already started to break out of the Falling Wedge I've shown, below - one of the most reliable Bullish Reversal patterns.
I would like to see some increased volume though, to clear the overhead resistance after the 23.6 Fib level at 94.4c there is horizontal resistance at 96c and 99c to wade through.
HFR Chart, page-120
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Last
27.0¢ |
Change
-0.010(3.57%) |
Mkt cap ! $113.7M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.0¢ | 27.0¢ | $22.44K | 83.12K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 130385 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 25338 | 1 |
View Market Depth
| Last trade - 14.09pm 29/11/2024 (20 minute delay) ? |
| HFR (ASX) Chart |
