A cup and handle or an inverted head and shoulders.
All techo gibberish maybe but BSM is showing a text book example right now.
Lets use the cup and handle example.( best seen on a weekly chart)
The handle tends to be down sloping and volume decreases.
When the handle begins to ascend and break thru its trend resistance line is the trigger point.Now that just happens to be around 24-24.5 cents.
And again another confirmation at a slightly higher entry at the lip of the cup around 26-27.
Target 40+ cents.
- Forums
- ASX - By Stock
- GW1
- a nice round bottom
a nice round bottom
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GW1 (ASX) to my watchlist
|
|||||
Last
3.6¢ |
Change
-0.003(7.69%) |
Mkt cap ! $6.525M |
Open | High | Low | Value | Volume |
3.9¢ | 3.9¢ | 3.6¢ | $4.38K | 120K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 121183 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.1¢ | 58838 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 121183 | 0.038 |
2 | 63000 | 0.035 |
1 | 16919 | 0.033 |
2 | 133333 | 0.030 |
1 | 111118 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 58838 | 1 |
0.054 | 130000 | 1 |
0.074 | 17071 | 1 |
0.092 | 3003 | 1 |
0.155 | 1701 | 1 |
Last trade - 12.38pm 09/08/2024 (20 minute delay) ? |
Featured News
GW1 (ASX) Chart |