Cup and Handles are a bullish continuation pattern, not a bottoming pattern.
Technically this looks rubbish - it's in a 3 year downtrend. Usually I'd want to see a 6-12 month base before considering buying based off of technicals - however I've taken a punt on this one as I've been watching it for years and feel the fundamentals may have put the low in now.
Cup and Handles are a bullish continuation pattern, not a...
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Last
21.0¢ |
Change
-0.010(4.55%) |
Mkt cap ! $213.6M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.5¢ | 20.3¢ | $95.88K | 448.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12200 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 25000 | 1 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
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