Thanks BB.
Yes, the H&S pattern; I'm a novice on this potential pattern so going into unknown territory really. If my measurement understanding is correct as illustrated in my chart below then it could go much lower, but my interpretation could be wrong and I am nooooo expert on this one and I would prefer your interpretation over mine
There really was no surprise to see 0.51 taken out today as the chart was already indicating as such and I did de-risk accordingly. From here I would prefer to see price stay within that price channel and not to exceed 0.445 give or take otherwise testing the previous low of 0.275 is not out of the realm of possibility for me.
AIS share price movement also seems to be trending with Copper Prices, not identical, but similar, so is worth watching.
Thanks BB.Yes, the H&S pattern; I'm a novice on this potential...
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Last
23.0¢ |
Change
0.005(2.22%) |
Mkt cap ! $222.5M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 23.5¢ | 22.0¢ | $466.7K | 2.055M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 232379 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 58494 | 4 |
View Market Depth
| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| AIS (ASX) Chart |