Confluence.
H&S target of 9 Cents, just so happens to be on the lower support level of newly defined downtrend and would perfectly touch the lowest supporting uptrend for the second time (red line) - first time circled pre-March 2023 and you've got the 768 for the entire move waiting as support in the vicinity as well? That's a set of coincidences that seem too coincidental to ignore.
What are the odds?
Bot Chart, page-10158
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Last
37.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $672.4M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 38.0¢ | 36.5¢ | $993.3K | 2.673M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 278064 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 25974 | 2 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| BOT (ASX) Chart |