Have been patiently watching this one.
It appears to be now set up for a sustained move up with what could likely be the ending of the C wave down.
The pattern is a rare one where the larger degree wave5 ended in 2020. What's happened since then is the tricky part and I guess lines up with fundamentals.
If it can manage to pass $2.90 and hold (confirmation criteria) it could see as high as $9.20's as the next leg up.
MK
#DYOR.
Chart, page-1701
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Last
29.0¢ |
Change
-0.005(1.69%) |
Mkt cap ! $101.4M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.0¢ | 29.0¢ | $40.16K | 137.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 66491 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 33118 | 1 |
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| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| PAR (ASX) Chart |