re: Will not fall below 8cents.........some techni OK......let's get serious about Powerlan ;o)
Bonkers and the PWR followers have been using their bulls#it Fibonacci retracement levels to buy in all the way from 90c down to 9c...............so that doesn't work.
Just revisited the chart (and anyone who's bought in the last 2 years as an investment has lots of courage.....to put it nicely) and there is a definite head and shoulders pattern formed between late 99 and late 2000 with a neckline at 90c. This should provide a reliable guide..........
Now......using head and shoulders theory we subtract the neckline value from the top (3.15-90c) which gives us 2.25.................we then subtract this from the neckline to give a price target on the downside.
So.....0.90-2.25= negative $1.35. :o)
ED.
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Last
$2.11 |
Change
0.020(0.96%) |
Mkt cap ! $363.4M |
Open | High | Low | Value | Volume |
$2.09 | $2.11 | $2.08 | $103.4K | 49.23K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2966 | $2.09 |
Sellers (Offers)
Price($) | Vol. | No. |
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$2.11 | 6863 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2966 | 2.090 |
3 | 24209 | 2.080 |
2 | 13538 | 2.070 |
5 | 9738 | 2.060 |
7 | 45378 | 2.050 |
Price($) | Vol. | No. |
---|---|---|
2.110 | 6863 | 1 |
2.120 | 4716 | 1 |
2.190 | 8000 | 2 |
2.200 | 10875 | 2 |
2.230 | 4263 | 2 |
Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$2.09 |
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Change
0.020 ( 0.00 %) |
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Open | High | Low | Volume | ||
$2.09 | $2.11 | $2.08 | 6610 | ||
Last updated 14.47pm 24/05/2024 ? |
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