Hi mate, also using Elliot wave theory here but I feel your RR1 count which has the wave 2 correction taking 8 months and the wave 4 correction taking only 1 probably favours a different count. Seems pretty unlikely they would be the same degree IMO. Your wave 4 also dropped into the wave 1 area multiple times including a daily close.
I'm looking at this as possibly two or three wave 1 and wave 2's. This is what I'm hoping we are seeing but it's on the verge of being invalidated. I have an alternative count which is a bit less exciting. There are quite a few possible wave counts here at the moment so it's important to keep watching closely and ruling them out as the data keeps coming in.
I don't like how it's also dropped through both 62% fibs but I bought back in at 1.2c for the impending results.
- Forums
- ASX - By Stock
- RR1
- Chart
Chart, page-183
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RR1 (ASX) to my watchlist
|
|||||
Last
1.5¢ |
Change
-0.002(11.8%) |
Mkt cap ! $13.11M |
Open | High | Low | Value | Volume |
1.7¢ | 1.7¢ | 1.5¢ | $105.4K | 6.857M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 705783 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 158379 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 705783 | 0.014 |
5 | 3459306 | 0.013 |
13 | 2053808 | 0.012 |
8 | 702022 | 0.011 |
9 | 1004539 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 158379 | 1 |
0.016 | 627087 | 3 |
0.018 | 1924478 | 3 |
0.019 | 1648073 | 8 |
0.020 | 1702141 | 9 |
Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
Last
1.5¢ |
  |
Change
-0.002 ( 11.8 %) |
|||
Open | High | Low | Volume | ||
1.8¢ | 1.8¢ | 1.5¢ | 3868853 | ||
Last updated 15.25pm 14/06/2024 ? |
Featured News
RR1 (ASX) Chart |