ASN 1.30% 7.8¢ anson resources limited

One thing to be careful of is a continued retrace.The share...

  1. 2,661 Posts.
    lightbulb Created with Sketch. 153
    One thing to be careful of is a continued retrace.

    https://hotcopper.com.au/data/attachments/5708/5708713-1317134d49e95209e3a9e4bcd9c341a6.jpg


    The share price has created a 5 wave pattern and ended it's pattern at the 2.618% fibonacci extension. The share price could retrace further than 18c. However it's just a natural retrace as part of the greater uptrend.
 
watchlist Created with Sketch. Add ASN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.