Yeah, it can make an "Island" either way and it feels like momentum is in your favour. Despondency is high however and maybe that's the moment everything changes. Just like high levels of euphoria at the top of a Bull market.
We are in the 5th wave down (Elliott wave theory) on a Weekly and price could easily press down further from here.
If the 5th wave fails however, the trend will have changed in my opinion.
I guess the Market will tell us through its price action and volume.
Anyway long hold for me regardless.
Cheers
Not Advice. DYOR.
Ann: Winsome on Pathway to Production with $25m Raising, page-101
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Last
74.0¢ |
Change
-0.010(1.33%) |
Mkt cap ! $160.0M | |||
| Open | High | Low | Value | Volume |
| 75.5¢ | 76.0¢ | 73.5¢ | $298.1K | 399.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 34811 | 73.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.5¢ | 2418 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |