ROG 0.00% 0.5¢ red sky energy limited.

Hey@Wishfulfisho, just sat down after a long day. TA wise, you...

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    Hey@Wishfulfisho, just sat down after a long day. TA wise, you can see that ROG got overcooked very quickly in its ascent from 0.2 - 1.9c and took a full 61.8% retrace, and then some. But it consolidated nicely at 0.7c and set up for the Elliot Wave 3 now, which looks to have just kicked off. The MACD reflects the consolidation and, as you say, the RSI looks OK for the time being and won't overcook if the ascent is more gradual. You often hear people who don't like charts and TA saying that they never predict price movement and targets before the fact, which is BS, and I'm happy to point to 2.3c and say that is the next target as the 100% Fib expansion point.
    https://hotcopper.com.au/data/attachments/3433/3433745-0c67a42d4962e86ca6ee95569fd5568c.jpg
 
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