Even if that h&s plays out, it's not a major top imo, there is no blow off volume for a start and a h&s that put in a final major top would likely take much longer to form as the big players distributed. I'm expecting similar to you, a dip down to that $1.60ish area wouldn't be much different to the top to bottom of the last consolidation in %age.
CLV Chart, page-76
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Last
49.0¢ |
Change
-0.010(2.00%) |
Mkt cap ! $81.82M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 48.5¢ | $45.43K | 91.66K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 496 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 44797 | 1 |
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| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| CLV (ASX) Chart |