Shouldn't the C Wave be longer than the "A" wave Additionally arent the BC waves longeer i.e longer than AB wave
From the theory
It's worth noting that during the transition from wave B to wave C, the market tends to experience lower trading volume. This decrease in trading activity is a crucial characteristic of a flat correction pattern, which is what the ABC pattern is classified as.
SPQ chart, page-2507
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.01M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $25.13K | 2.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2411666 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 360000 | 1 |
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| Last trade - 15.15pm 19/07/2024 (20 minute delay) ? |
| SPQ (ASX) Chart |