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yes that makes sense, how odd was that chart though. have you...

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Taxed

4,676 Posts.

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02/09/22

10:31

Post #: 63479878
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Originally posted by white_man: ↑

I'm of the opinion that the run up from the March 2020 lows of 2.06 to 4.90 was a thrust from a triangle at larger degree and is only the first of five waves. What we are seeing now in copper from 4.90 is just healthy correction given the huge run up and is what you would expect to see given the prior move was a thrust from a triangle. See chart below. Notice how prices reacted to the 0.618 fibonacci retracement level of 3.14... very nice right. Not saying 100% that's the bottom for copper, but certainly is a positive price action one would want to see.

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yes that makes sense, how odd was that chart though. have you ever seen anything like that?
also nice charting there.

Last edited by Taxed: 02/09/22

AIS Price at posting: 42.5¢ Sentiment: None Disclosure: Held
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0 Great analysis

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(20min delay)
Last 25.5¢		Change -0.005(1.92%)		Mkt cap ! $246.7M

Open	High	Low	Value	Volume
26.0¢	26.0¢	24.5¢	$784.7K	3.099M

Buyers (Bids)

No.	Vol.	Price($)
2	122334	25.5¢

Sellers (Offers)

Price($)	Vol.	No.
26.0¢	834022	16

View Market Depth

No.	Vol.	Price($)
2	122334	0.255
11	306622	0.250
16	614857	0.245
11	380743	0.240
7	306766	0.235

Price($)	Vol.	No.
0.260	834022	16
0.265	284600	6
0.270	150461	6
0.275	235825	9
0.280	372836	12

Last trade - 16.10pm 08/05/2024 (20 minute delay)


Last 26.0¢			Change -0.005 ( 1.29 %)
Open	High		Low	Volume
25.5¢	26.0¢		24.8¢	2295881
Last updated 15.59pm 08/05/2024 ?

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