AXE breaking out from a 34 week Symmetrical Triangle (after a false move a few days ago).
Coincides with a 61-day Rectangle breakout. Needs to clear the midpoint of the Triangle (0.67)
for confirmation, though I would not expect that today. I am long with as stop @ 0.505 and a
measured target of circa 0.9
Not generally a fan of Symmetrical Triangles but with the Rectangle overlap I was willing to give
this one a shot.
My sentiment hold, as it has popped quite hard since my entry and risk/reward metrics have
changed somewhat. Still pretty decent IMHO, but I prefer to keep my sentiment in line with
what I actually do myself. Has run hard today (note the gap as well) and a slight pullback could
possibly provide a better entry...
GLTA
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AXE breaking out from a 34 week Symmetrical Triangle (after a...
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Last
36.0¢ |
Change
-0.020(5.26%) |
Mkt cap ! $91.74M |
Open | High | Low | Value | Volume |
39.5¢ | 39.5¢ | 35.5¢ | $186.8K | 508.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 39610 | 35.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.5¢ | 7888 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 39610 | 0.355 |
9 | 79399 | 0.350 |
1 | 11000 | 0.345 |
4 | 111450 | 0.340 |
5 | 50350 | 0.335 |
Price($) | Vol. | No. |
---|---|---|
0.375 | 7888 | 1 |
0.390 | 51464 | 4 |
0.395 | 50496 | 3 |
0.400 | 138658 | 6 |
0.405 | 176582 | 1 |
Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
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