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$9.83 allkem limited

Looks like 10.50 - 11.00 before next major reverse on that graph.

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Zetland1

946 Posts.

68

17/08/23

10:01

Post #: 69388406
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Originally posted by akgo01: ↑

"... should we be looking at another peak towards $18/$19?"

This is how I would count my chicken before they hatch, clivemax.

For the last 3 upswings the increase from the low of the bottom to the high of the Upthrust has been more than 60%:

Now, let's assume the sp hits $12.50 (which I actually doubt it will go that low) before reversing up, and assume 60% increase (a very conservative estimate) to reach the high of the Upthrust.

We get $20.00!!

Which is a very conservative estimate.

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Looks like 10.50 - 11.00 before next major reverse on that graph.

AKE Price at posting: $13.42 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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