Ok, the inverse HnS can clearly be seen in the line chart below forming in mid March.
Subsequent run should then perhaps not surprise, (although the rapidity/strength of the rise may).
Is it now midway thru forming a standard HnS?
Lower highs every day since $8.20 peak last Wednesday.
Declining volumes every day since then too.
Notwithstanding expected positive news flow , could it be rolling over.
Would appreciate some input from the pros, I am a nuffie at best
CHN chart, page-4984
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Last
96.0¢ |
Change
-0.025(2.54%) |
Mkt cap ! $373.4M | |||
| Open | High | Low | Value | Volume |
| 99.0¢ | 99.5¢ | 95.8¢ | $2.064M | 2.130M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14997 | 96.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 97.5¢ | 59702 | 2 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| CHN (ASX) Chart |