A rising triangle in an uptrend would generally be considered a consolidation and continue pattern, meaning the next move would be expected to be up. You could also draw BTH with a rectangle consolidation pattern, but it amounts to the same expectation. Some people would use the height of the triangle/rect to project the size of the next move, and in this case that would be ~0.15 to ~0.9.
But yesterday's breakout appears to have failed, so it may need to go sideways a bit longer.
Disclaimer 1: TA is about probabilities, and is only useful when applied consistently over 100s of trades, and may not have much predictive power for a single stock.
Disclaimer 2: I don't know what I'm talking about, so you're likely getting what you paid for.
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resistance at 0.75, page-9
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $131.4M |
Open | High | Low | Value | Volume |
16.0¢ | 16.5¢ | 16.0¢ | $29.26K | 180.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 1632290 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 212264 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 1632290 | 0.160 |
12 | 165692 | 0.155 |
10 | 245499 | 0.150 |
2 | 30689 | 0.145 |
3 | 73200 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 212264 | 9 |
0.170 | 636721 | 17 |
0.175 | 368000 | 7 |
0.180 | 189784 | 7 |
0.185 | 72282 | 5 |
Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
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