Ok
If we are playing the C&H game.
High close recently $1.73. Low close mid Sept $1.225. Difference .505.
If we use the classic 30% handle retrace as a ROUGH guide, target price is $1.58 for re-entry.
At $1.61, that retrace so far is about 24% of what could be generally expected in this scenario.
Sellers pretty firm around here and volumes drying up noticeably.
Target price beyond $1.73 breakout is $2.235 which lines up pretty nicely with @acwbagnall Wave 3, 1.618 fib extension at $2.20.
I KNOW we are supposed to wait for breakout confirmation, but bugger it, i got other things to do today and this is near enough for me.
OkIf we are playing the C&H game.High close recently $1.73. Low...
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Last
$1.36 |
Change
-0.445(24.7%) |
Mkt cap ! $817.6M | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.56 | $1.33 | $23.26M | 16.45M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 27811 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 400 | 1 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| AX1 (ASX) Chart |