I mentioned in my previous post that we had a potential "pseudo" reverse H & S, with the tail of the hammer as the head, its not a typical H& S as the head is normally a chunky candle with a couple of chunky candles on either side as the shoulder line, nether the less, I said if this pattern was at all valid, a retrace of a pip would come monday to set up an explosive reversal, well here we are, in all honesty it just looks like a bullish flag, IMO, if it stays at this level and pushes off to the upside, then we have our first higher low, need to punch out 1.4 to do some damage.
If I was a newbie to this stock, this would be the perfect entry IMO
AIMHO
MRQ - chart thread !, page-362
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.55M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $6.1K | 1.283M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 60461079 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 8849336 | 9 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| MRQ (ASX) Chart |