Hi Bibi,
No. It's not a breakout just yet. However there was a nice bounce of the 61.8% Fib level.
Below are three charts for stocks I follow and all exhibit this same bounce off the 61.8% retracement point. Smallcaps tends to bounce of this point frequently, whereas larger caps, being generally less volatile, will retrace 50% of any given leg up.
Good luck with it.
when are results expected?, page-30
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Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $5.108M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $5.902K | 454.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 255000 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 129108 | 2 |
View Market Depth
| Last trade - 10.40am 06/09/2024 (20 minute delay) ? |
| SBR (ASX) Chart |