Too early to call IMO but some mates are suggesting this is forming a larger scale double bottom. Tried charting it below but to me an Elliott wave may fit better.
The neckline is 1.71 where a few posters on other threads here mentioned a target would be retested.
The first bottom was in July where there was a local double bottom at 43.5c and now it's forming the "suggested only" bottom#2.
Just my opinion only, not financial advice.
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Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 163 | $2.98 |
Sellers (Offers)
Price($) | Vol. | No. |
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$2.50 | 153 | 1 |
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No. | Vol. | Price($) |
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3 | 8276 | 2.900 |
1 | 1 | 2.860 |
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2 | 329 | 2.800 |
Price($) | Vol. | No. |
---|---|---|
2.500 | 153 | 1 |
2.560 | 19 | 2 |
2.590 | 13804 | 1 |
2.600 | 26972 | 2 |
2.650 | 4697 | 2 |
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