Initially I thought that the 420 level was taken out and that should give us a 5 wave moves up to the 475-480 range for the c of B wave but when the news drop it gets smashed back down to 385 as a failed swing. So I'm more inclined to think this is an abcde triangle pattern for the B wave now. The invalidation point for this pattern would be 440.
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| Last trade - 11.12am 28/07/2025 (20 minute delay) ? |
| HIO (ASX) Chart |