Just to clarify here, that ABC is just a guess of short term consolidation pattern. Its probably too hopeful that we bounce from here and break 18.5c imediately. If we do though then that would confirm its a W5 at that point, and it will either extend the same length as W1 or W3.
The increasing sentiment, lithium prices across the industry is taken into account and is a huge pro for next leg up. Whatever consolidation happens here, the next leg is what I am betting will be a clear W3. Gap ups on open and bigger volume again! The potential is there both TA wise and FA. That leg could easily hit 30c range.
Just to clarify here, that ABC is just a guess of short term...
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4.2¢ |
Change
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Mkt cap ! $61.14M | |||
| Open | High | Low | Value | Volume |
| 3.9¢ | 4.6¢ | 3.9¢ | $556.4K | 13.01M |
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| No. | Vol. | Price($) |
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| 2 | 2026489 | 4.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 193027 | 2 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| AGY (ASX) Chart |