Yes I can see that
0.645 is the current top of this wave up from 0.515. It could extend a little more but the RSI and Momentum indicators of this advance are starting to wane. The rise is still only in 3 waves in my humble opinion.... a 4th and 5th wave still needs to unfold to confirm the move up from 0.51 is impulsive. If we can get 5 waves up this would potentially confirm the bullish trend has resumed... well in the short-term at least.
AIS - EW Chart, page-1753
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20.0¢ |
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| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| AIS (ASX) Chart |