Daily below shows inverse head and shoulders, that broke out (triggered) upon scheme confirmation. Implied target of 5.8/5.9c already reached within 3 days. A nice power move.
But with lots of resistance above, in the form of channel boundary (6.7c), as well as 6.3c/6.4c, and the round 6c level, I'd say SP will go sideways now for a few weeks at best (unless there's more great announcements).
Support at 4.8c/5c now should hold, and may prove to be a great top up opportunity.
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Last
5.1¢ |
Change
-0.004(7.27%) |
Mkt cap ! $125.7M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.4¢ | 5.1¢ | $366.9K | 7.012M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1426330 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 278938 | 4 |
View Market Depth
| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| HRZ (ASX) Chart |