Its coming. It might move into another trading channel at this higher level but its already tested above the upper resistance level. There has been a big uptick in volume so i think there is some big news coming. At the very least it confirms that uptrend and the change in psychology that comes with it. I agree with what @vindin has got above. The bigger pattern here is that cup and handle. This is just a stopping point for now.
Chart Chat, page-638
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Last
39.5¢ |
Change
-0.005(1.25%) |
Mkt cap ! $195.9M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 37.5¢ | $210.4K | 537.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1200 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 33034 | 2 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| CTM (ASX) Chart |