Updated chart below. Reverse head and shoulders playing out nicely. Heading toward the 1.22 breakout level which will represent a breakout of both the reverse head and shoulders neckline, and the upper resistance of the 6 month bull flag consolidation.
MACD also about to turn positive. Looking for increased volume in the next few trading days to support a breakout.
If it breaks out, we should see a sustained climb toward the $2 mark over the next few months. Obviously any positive news will speed this up.
Updated chart below. Reverse head and shoulders playing out...
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Last
90.0¢ |
Change
0.015(1.69%) |
Mkt cap ! $117.8M | |||
| Open | High | Low | Value | Volume |
| 87.5¢ | 90.0¢ | 87.5¢ | $26.27K | 29.46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 177 | 88.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.0¢ | 6202 | 1 |
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| Last trade - 15.27pm 27/06/2024 (20 minute delay) ? |
| PIQ (ASX) Chart |