Once again a "counter trend retrace" is in the context of the multi-year epoch. If you use a different reference frame, e.g the epoch stated in the post it is a trend.
May Chart, page-4523
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
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| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 1441266 | 17 |
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| MAY (ASX) Chart |