Hi Imback
Yes, I'm a Fibonacci chartist . Your question is a very good one as well as your analysis.
For my share holdings, I'm probably like you with an average price 2plus and have never sold a share.
I am a long term investor so Fib works for me. The sequence is 8,13 21.
Intermediate price is about 1537. The warrants I own are 2029 expiry date so not to concerned about reversion to the 3 number means.
I am going to now look at buying shorter term warrants as I agree with you that there will be price upgrades from the brokers.Janynes guidence for China i thought was amazing.
If you want to post your e mail, I'll be happy to send you the short term fib charts that I'll start to work on.
Sorry I can't give you an answer straight away as short term moves in Fib require a lot more work and something I havnt done in a while.
Also hoots seems to have a good handle on short term moves.
In either event, we have had an extraordinary day .
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Last
$5.71 |
Change
-0.020(0.35%) |
Mkt cap ! $3.808B |
Open | High | Low | Value | Volume |
$5.73 | $5.75 | $5.68 | $2.731M | 477.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 21623 | $5.71 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.73 | 8177 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5399 | 5.630 |
6 | 17273 | 5.610 |
4 | 33072 | 5.600 |
4 | 20359 | 5.590 |
2 | 7656 | 5.580 |
Price($) | Vol. | No. |
---|---|---|
5.650 | 7091 | 2 |
5.670 | 9037 | 3 |
5.680 | 9833 | 4 |
5.690 | 6747 | 2 |
5.700 | 8222 | 4 |
Last trade - 13.36pm 29/11/2024 (20 minute delay) ? |
A2M (ASX) Chart |