4DX
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2.54% 57.5¢ 4dmedical limited

4DX Chart, page-712

  1. immy101
    342 Posts.
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    24/03/24
    11:23
    Post #: 73031177
    I'm not sure that the SP will descend all the way down to 54c:

    https://hotcopper.com.au/data/attachments/6053/6053349-0a919577555c0eac129aa94a4e2d3dc0.jpg

    Both the highs have been descending and the lows have been ascending. Looks like a triangle or wedge pattern... SP shaping up either for a breakdown or breakout. Given the fundamentals, a breakout is more likely.
    4DX Price at posting: 63.0¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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