Yeah, definite correlation there for sure...as reiterated recently by Tully...the stock being more volatile as you'd expect.
As for a cup & handle targets potential, correct, it could be considerably lower...& I'm personally in the habit of anticipating a full 100% pattern-height decline (especially as the pattern in question involves a break to the downside!).
However, while chrism68's Cup & Handle may not have played out according to his initial plan, & the handle may now be considered to have moved a little lower than text-book ideal, I'll stick my neck out & say the pattern is still in play with the handle still forming & that we won't see a full c&h pattern decline. But remember, I'm a sucker for a pretty pattern so keep that in mind & don't hold me to it.!
All in all, I reckon we're just gearing up for the 'real' copper bull run.
AIS - EW Chart, page-1834
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Last
23.5¢ |
Change
0.010(4.44%) |
Mkt cap ! $227.3M |
Open | High | Low | Value | Volume |
23.5¢ | 24.5¢ | 23.0¢ | $705.0K | 2.981M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 93258 | 23.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.0¢ | 60125 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 93258 | 0.235 |
8 | 286182 | 0.230 |
6 | 334361 | 0.225 |
5 | 324545 | 0.220 |
8 | 183250 | 0.215 |
Price($) | Vol. | No. |
---|---|---|
0.240 | 60125 | 4 |
0.245 | 142175 | 5 |
0.250 | 127150 | 6 |
0.255 | 276052 | 11 |
0.260 | 201158 | 6 |
Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
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