AKE 0.00% $9.83 allkem limited

AKE Chart, page-2808

  1. 3,404 Posts.
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    Sorry. I meant to post this a couple of days ago. I have updated it now for the later numbers.

    https://hotcopper.com.au/data/attachments/4612/4612296-29882970866164ddedc8ed4ad7789054.jpg

    Note the current ABC correction has the B slightly higher than now, but I do NOT expect it to go up today, so that suggests that if the B has not been reached we will see an ABC correction up over the next few days then another drop down with 5 steps. If my wave 1 is correct then the target for this wave down is about the 61 to 78 % fibs. If not then the retrace is a lot gentler and we should be there very soon.

    With this model the wave 3 target comes in between 1474 and 1510.

    Timing is a bit of a guess at the moment based on previous year patterns for this time of year - with a lot of subjectivity and "that looks about right" guesswork built in.


 
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