Getting back to the December charts....
I have done a simple analysis of the previous 3 peaks and respective following troughs. Just analysing the highs only (of peaks and troughs). The percentage reduction is 11%, 11%,12%.
Just going by this seemingly consistent pattern wemay expect a pullback to $1.085 between Christmas and New Year.
What does everyone think?
Also, question: Does the sharemarket generally pullback and take a holiday between Christmas and New Year? i.e. share price drops.
Thanks in advance.
Lazza
PoorlyGees December charts, page-505
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Last
$2.92 |
Change
0.070(2.46%) |
Mkt cap ! $8.808B | |||
| Open | High | Low | Value | Volume |
| $2.90 | $2.97 | $2.87 | $100.5M | 34.43M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 490422 | $2.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.93 | 56326 | 3 |
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| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |