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paulo17

5,322 Posts.

398

14/07/22

14:56

Post #: 62537567
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Originally posted by steve10: ↑

62.5% probability bottom has passed and/or another 4-14% lower than prior bottom in a few months for the bottom.

37.5% probability heading a lot lower for at least another year to bottom.

25% probability bottom has passed. 75% probability it hasn't.

Bottom may have been the recent 1.3c or it could be in the 1.1c range in a few months & as bad as 0.7c range in a year.

I am leaning towards 1.3c being the bottom or 1.1c as the bottom along with a VIX40+ event in a few months. Both fit the ASX XTX chart support levels at around 1,800 (recent bottom) & 1,600 probable bottom in a few months.

Place your bets. LOL

In the meantime, market should rally for while.

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- thanks s10

- yep, "place your bets" in the 2022 ASX casino, OR, sit on yours hands with a universe load of patience.........

- I know what I'm doing with my eyes wide open....

p17

DW8 Price at posting: 1.9¢ Sentiment: Buy Disclosure: Not Held
2 Upvote

0 Great analysis

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