We have a symmetrical diamond pattern here which has formed around the 10c median, a break to the upside would be about 20c ( a measured move equal to the widest point of the diamond 7c) this recent low around 9c is in keeping with the symmetry above and below 10c..which has been going on for about 4 months now.
May Chart, page-2080
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| MAY (ASX) Chart |