Bugger ... I sold yesterday!
Joking.
This is definitely Elliott Wave 3 ... here is a stock description of what happens in W3Wave 3: In Elliott Wave Theory, wave three is usually the largest and most powerful wave in a trend (although some research suggests that in commodity markets, wave five is the largest). The news is now positive and fundamental analysts start to raise earnings estimates. Prices rise quickly, corrections are short-lived and shallow. Anyone looking to “get in on a pullback” will likely miss the boat.As wave three starts, the news is probably still bearish, and most market players remain negative; but by wave three’s midpoint, “the crowd” will often join the new bullish trend. Wave three often extends wave one by a ratio of 1.618:1
Wave 3 rally picks up steam and takes the top of Wave 1. As soon as the Wave 1 high is exceeded, the stops are taken out. Depending on the number of stops, gaps are left open. Gaps are a good indication of a Wave 3 in progress. After taking the stops out, the Wave 3 rally has caught the attention of traders
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Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.61M |
Open | High | Low | Value | Volume |
1.5¢ | 1.6¢ | 1.5¢ | $2.745K | 178.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1082327 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 684895 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 1082327 | 0.015 |
18 | 5626533 | 0.014 |
8 | 1142818 | 0.013 |
3 | 580000 | 0.012 |
2 | 1225000 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 684895 | 1 |
0.017 | 721685 | 3 |
0.018 | 1072655 | 4 |
0.019 | 983269 | 5 |
0.020 | 1403511 | 7 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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