Sorry guys but what your seeing doesn't constitute a double top, as with all patterns certain criteria need to be met to confirm its status and as shown below this isn't even close. A top needs to be formed and a down trend established before the next top is created and as explained the longer the time frame the more brutal it will be, usually retracing between 150-250%. That wont be happening here, if you would like more info I am happy to post more details on how to trade them, this is the charting thread after all.
Chart - EXR, page-725
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Last
12.0¢ |
Change
0.010(9.09%) |
Mkt cap ! $143.5M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.0¢ | $903.7K | 7.323M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 695614 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 696792 | 10 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| EXR (ASX) Chart |