Id prefer a cup and handle.
The retest of the 13.8c purchase has provided us with a strong new bottom.
From my rough count on daily volumes ~90mill in volume has traded since the retrace.
Some are traders movements but some will be LTHs.
Those traders have been/will build a position. Come the touch of 19c they will sell for an easy trade. Hence the retrace and the formation of the handle.
A big pump tends to lean towards a head and shoulders.. and then enter the bears.
Slow and steady
QPM Chart, page-1034
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Last
3.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $95.80M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.8¢ | 3.7¢ | $8.458K | 228.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1179749 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 480989 | 7 |
View Market Depth
| Last trade - 12.55pm 14/10/2024 (20 minute delay) ? |
| QPM (ASX) Chart |