4DS

3.23%

9.0¢ 4ds memory limited

I’d be very interested in your thoughts from here. Obviously we...

First 358 Last

Share
Profile

Follow
GR3ML1N

45 Posts.

41

15/08/23

19:42

Post #: 69354991
Share

Originally posted by Darkstone: ↑

Revised chart, assuming that 4.2 is the top for this wave 3. I expect the retrace for wave 4 to be 3.7 to 3.5 and wave 5 to be 4.5 to 7.1. The 7.1 target comes from the very large declining wedge that this movement will break (its actually broken it now, but I expect the retrace to bring it back in and then wave 5 to cause a second break which will be the one that takes. Most common wave 4 retrace is 38%, but it can be a little more and a little less. The top edge of the wedge can act as a significant resistance which also corresponds with the 38% retrace target so I am leaning towards the the retrace being only to the higher target of 3.7, rather than the lower one of 3.5. The w3 target of 4.1 was the minimum expected and there is nothing that prevents wave 3 from continuing higher at this point, but it would be very unlikely to go past 4.9 (the 260% fib) in this rise before retracing in wave 4, and whatever ends up being the top of wave 3 (if other than my assumed 4.2) will require the chart to be redrawn - and will result in higher w5 targets. Note, that things get very interesting if this break turns out to be the actual wedge break as that will put the upper W5 target to about 7.3

Obviously all of this is ignoring the impact of an announcement which may or may not appear before the wave cycle plays out.

Expand

I’d be very interested in your thoughts from here. Obviously we went higher than .042 and not only that but closed at the high of the day with good volume which is a very bullish sign.
I’m still expecting a sell off/profit taking/ t + 2 traders cashing out either tomorrow afternoon or the next day but would like to know where you see the price going the next 2 weeks or so if we don’t have an announcement before then.

4DS Price at posting: 4.4¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

NIM

Nimy to raise $1.21M to explore 'newsy' WA targets

AII

Almonty locks in govt agreement for tungsten oxide plant in South Korea

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

SKS

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

ASX hits all time high out the gate on Friday trades following bullish US inflation data

BHP

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

IMM

Immutep reports strong response rate from immunotherapies treating carcinomas

MDI

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Bitcoin investors need to know the risks

There are more pages in this discussion • 1,000 more messages in this thread...

First 358 Last

Add 4DS (ASX) to my watchlist

(20min delay)
Last 9.0¢		Change -0.003(3.23%)		Mkt cap ! $158.7M

Open	High	Low	Value	Volume
9.3¢	9.3¢	8.8¢	$349.6K	3.885M

Buyers (Bids)

No.	Vol.	Price($)
3	17501	8.9¢

Sellers (Offers)

Price($)	Vol.	No.
9.0¢	147000	1

View Market Depth

No.	Vol.	Price($)
2	13501	0.089
5	286575	0.088
6	247477	0.087
5	175213	0.086
9	466689	0.085

Price($)	Vol.	No.
0.090	147000	1
0.091	200000	1
0.092	500000	1
0.093	281179	4
0.094	30000	1

Last trade - 16.10pm 12/07/2024 (20 minute delay)

4DS (ASX) Chart

I’d be very interested in your thoughts from here. Obviously we...

Nimy to raise $1.21M to explore 'newsy' WA targets

Almonty locks in govt agreement for tungsten oxide plant in South Korea

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

ASX hits all time high out the gate on Friday trades following bullish US inflation data

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Immutep reports strong response rate from immunotherapies treating carcinomas

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Bitcoin investors need to know the risks

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

I’d be very interested in your thoughts from here. Obviously we...

Top Stories

Nimy to raise $1.21M to explore 'newsy' WA targets

Almonty locks in govt agreement for tungsten oxide plant in South Korea

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

ASX hits all time high out the gate on Friday trades following bullish US inflation data

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Immutep reports strong response rate from immunotherapies treating carcinomas

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Bitcoin investors need to know the risks

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News