To be honest I'm only good at finding patterns which indicate the future movements, not so good at generally looking at a chart and saying where it's heading. I wouldn't be much help if I did stick around. I'm confident with ASN though and that it will at least reach the high 30s. What it does after that is unknown to me, it could continue higher or could form a downtrend similar to SYA.
After analysing the chart a bit more last night, I noticed the chart looks more like SYA as opposed to C1X. The share price still has the same price target, but the uptrend will take on a slightly different form. The uptrend could start any day now. Using Elliott Wave Theory we can see that SYA formed 5 waves and ASN is about to commence it's fifth wave.
ASN Chart, page-8578
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $141.9M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.0¢ | $84.14K | 786.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 286817 | 6 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ASN (ASX) Chart |