Elliot wave theory seems to still be playing out nicely.
If we are now at the start of wave 4 - we should see an alternation to wave 2. Wave 2 was very smooth, almost straight.
Theory suggests wave 4 will be more sideways and irregular if wave 2 was smooth and straight.
If you look on the hourly chart this was exactly the case today.
The next wave up will obviously be wave 5 which the theory suggests will be around the same length as wave 1. Around 0.14c up. (0.02c-0.16c) Potentially around 38c-40c.(if raises up from current price).
Also to note this will give a rough market cap of around 200m. I would think we will see a future market cap within the next 3 months in the 300m-500m range as stated in previous post. So IMO still quite cheap for the potential this product has.
Cheers guys
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Last
3.6¢ |
Change
-0.011(23.4%) |
Mkt cap ! $32.48M |
Open | High | Low | Value | Volume |
4.8¢ | 4.8¢ | 3.5¢ | $444.5K | 11.21M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 459179 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 71980 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 459179 | 0.036 |
2 | 72512 | 0.035 |
1 | 100000 | 0.033 |
2 | 62500 | 0.032 |
1 | 90000 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 71980 | 2 |
0.040 | 927370 | 1 |
0.041 | 44000 | 1 |
0.042 | 129600 | 2 |
0.043 | 200000 | 1 |
Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
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