Thanks Kaheo and Seagull for your reply,
As mentioned, I have a verybasic knowledge of charting but I remember some posts back on 6, 7thJanuary talking about the formation of the c & h but the handle didnot form as per text book which concur with your analyse of Channels and Triangles. Seagull thanks also for your reference to 7 Chart Patterns That Consistently Make Money by Ed Downs, I still ref back to my old Chart Trading by Daryl Guppy which I find easy to understand, but I will follow your advice and brush up.
Back to my question, I aim for a fairly safe exit and re-entry to trade some of my early parcels and this cap (looking for 48c then) and handle could be just it as I missed the last channel finishing in the middle of the main one. Knowing my luck a big announcement will come at the same time to! Well, just looking at today's trading someone is really having fun; I do feel for the loose hands!
Thanks Kaheo and Seagull for your reply,As mentioned, I have a...
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $168.5M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.0¢ | $235.2K | 1.876M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 956840 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 19944 | 2 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
-0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 12.8¢ | 12.8¢ | 12.3¢ | 1090017 | ||
| Last updated 16.00pm 03/05/2024 ? | |||||
| AGY (ASX) Chart |