The bigger TECHNICAL picture.........the up side, extrapolated price projections.
The linear regression chart from 24/04/20, to the 5.1c. sp low on 01/07/22, generated an upper channel range of 40c. (actual 39.7c.).
From 01/07/22, KEY, up side TP's/ Resistance tests are forward looking (extrapolated), and will be (generally) MULTIPLES of that 40c. range, including range mid points.
So, an up side TP of $1.29c. is but one of the 'fits' in this scenario.
Cheers.
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Last
27.5¢ |
Change
-0.010(3.51%) |
Mkt cap ! $149.0M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.5¢ | 26.5¢ | $965.6K | 3.474M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 68518 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 50000 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| AL3 (ASX) Chart |