@kathy50
It's still playing nicely within the channel.
It poked it's head out of the top of the channel on Mar24 then retraced. Appears to be doing the same again, albeit with a bit more violence (global markets emphasising the move).
The move 18 Mar - to 22 Mar with retrace low on 26 March
The move 26 Mar - to 4 Apr with retrace low today.
The recent low of 2.70 on 26 March up to the high of 3.34 yesterday gave two targets for a Fib retrace.Those were 2.95 (61.8% retrace) and 3.02 (50% retrace).
Obviously we're still part way through the day, so the charts above are on an hourly timescale. I would like to see a close above the 3.02 area.
Below is the daily, where based on form you'd look for 4-6 days under 3.20 (3.00 -3.20 range) before a push to 3.60 region.
@kathy50It's still playing nicely within the channel.It poked...
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Last
$3.26 |
Change
0.060(1.88%) |
Mkt cap ! $158.1M | |||
| Open | High | Low | Value | Volume |
| $3.20 | $3.28 | $3.17 | $830.1K | 256.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3517 | $3.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.27 | 3899 | 3 |
View Market Depth
| Last trade - 15.51pm 08/05/2024 (20 minute delay) ? |
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Last
$3.25 |
Change
0.060 ( 2.38 %) |
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| Open | High | Low | Volume | ||
| $3.20 | $3.28 | $3.20 | 20644 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| FND (ASX) Chart |