Hi @dc1234 this one just reminds of PLS..at around $5.60, where momentum also slowed right down into a 3rd high, yes it is a very strong up trend, and strong momentum takes time to turn, the 62% Fib is more of an area to watch rather than the exact 62% price...main thing to look for I suppose is that support is maintained above this level... if it goes below that it could be the start of a decline...we don`t want to see this turn into a "lower high".
Chart, page-12
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30.5¢ |
Change
0.005(1.67%) |
Mkt cap ! $368.0M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 31.0¢ | 29.5¢ | $642.8K | 2.119M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 127110 | 30.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 398969 | 6 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| WC8 (ASX) Chart |