Elliot wave has two counts primary and alternate.
This 11 day rally is unfolding in five waves so is either the C of Wave 2 or only wave 1 of a final fifth wave.
My primary count is the former but have to be alive to the alternative.
I expect this rally to end this week but am not preempting it.
Once it rolls over we will have a pivot point to the upside and if it takes out previous low of 12943 then it can be catagorized as a bear market rally.
ZIP TO BOUNCE!!!!, page-392
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Last
$1.70 |
Change
-0.025(1.45%) |
Mkt cap ! $1.909B | |||
| Open | High | Low | Value | Volume |
| $1.75 | $1.77 | $1.68 | $16.19M | 9.417M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5300 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 86880 | 4 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |