EL8 has broken the neckline of a Continuation (inverse) H&S this morning on very high volume relative
to the time of day. The right shoulder itself is an Ascending Triangle.
There was an earlier entry opportunity on the break of the high of the right shoulder (pink line)
of a smaller H&S Failure pattern that is part of the head of the larger pattern (light blue letters).
I am long this morning with a stop below the Ascending Triangle's lower boundary.
Measured Target is circa 0.92
The DYL all script takeover of VMY is nice bullish sign for the sector.
GLTA
EL8 CHART, page-24
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Last
35.0¢ |
Change
-0.010(2.78%) |
Mkt cap ! $107.9M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 35.5¢ | 34.0¢ | $176.5K | 506.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2050 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 48758 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| EL8 (ASX) Chart |