If the handle maintains its current shape, a descending triangle, then the pattern is almost complete. We are at the apex of the descending triangle. Could only be 1 day left in it. If the cup and handle formation carries through, we would have a break of the resistance trendline on the top of the descending triangle at 12 and up from there if sufficient volume to carry through. However if support is broken at 11.5, the descending triangle pattern will change to something else, possibly a flag. Either way, best to wait for a convincing break of the upper descending trend line before buying.
AUZ - chart, page-826
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 (20min delay)
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Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $20.97M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $24.86K | 1.630M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 21880828 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 2955316 | 4 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |