re: Will not fall below 8cents.........some techni OK......let's get serious about Powerlan ;o)
Bonkers and the PWR followers have been using their bulls#it Fibonacci retracement levels to buy in all the way from 90c down to 9c...............so that doesn't work.
Just revisited the chart (and anyone who's bought in the last 2 years as an investment has lots of courage.....to put it nicely) and there is a definite head and shoulders pattern formed between late 99 and late 2000 with a neckline at 90c. This should provide a reliable guide..........
Now......using head and shoulders theory we subtract the neckline value from the top (3.15-90c) which gives us 2.25.................we then subtract this from the neckline to give a price target on the downside.
So.....0.90-2.25= negative $1.35. :o)
ED.
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Last
$2.16 |
Change
-0.070(3.14%) |
Mkt cap ! $372.0M |
Open | High | Low | Value | Volume |
$2.17 | $2.20 | $2.16 | $142.7K | 65.50K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 15421 | $2.16 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.23 | 13847 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 15421 | 2.160 |
1 | 4000 | 2.150 |
2 | 6536 | 2.140 |
2 | 5469 | 2.130 |
3 | 14711 | 2.120 |
Price($) | Vol. | No. |
---|---|---|
2.230 | 4263 | 2 |
2.240 | 10000 | 1 |
2.250 | 523 | 1 |
2.280 | 10000 | 1 |
2.300 | 5864 | 3 |
Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$2.17 |
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Change
-0.070 ( 1.36 %) |
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Open | High | Low | Volume | ||
$2.16 | $2.20 | $2.16 | 4567 | ||
Last updated 15.59pm 17/05/2024 ? |
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