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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21.0¢ |
Change
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Mkt cap ! $213.6M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.5¢ | 21.0¢ | $311.3K | 1.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 323809 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 6409 | 1 |
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| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
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