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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32.8¢ |
Change
-0.003(0.76%) |
Mkt cap ! $398.1M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 33.5¢ | 32.5¢ | $228.9K | 690.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 69353 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 177665 | 15 |
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| Last trade - 11.26am 24/06/2024 (20 minute delay) ? |
| WC8 (ASX) Chart |