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EXR

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4.55%

6.3¢ elixir energy limited

Chart - EXR, page-760

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Sir Von Pushe

2,125 Posts.

132

15/04/21

11:10

Post #: 52484303
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Originally posted by Glyndwr ↑

Hi Sandman.

Its been a great few weeks and as I stated in an earlier post the RSI has to come down at some stage, so is this the moment? I think and hope so, firstly to get it out of the way so we can start our next leg up and secondly to keep the TA guys satisfied. Yesterdays price hike to 51c has changed my earlier prediction, I was expecting us to reach 46c and retrace to approx 29-30c but if we look at the chart below we have a few things in play. If we are to use Gann's rule, from a low of 15.5 to a high of 51 will give us a retrace to 33c before the next leg up to 60c but the trading channel that we have been in for some time should only see us drop to 38c, will that be enough to the the RSI back into the buy zone? I'm not sure.
But as always with this stock, expect the unexpected.....Todays action so far has indicated my charts are bloody worthless....

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thanks @Glyndwr

at the close yesterday I thought you’d called it to perfection.

what’s it going to take to break down and drop from the channel? A duster perhaps but even then I feel it will bounce straight back up again as we’re not a one hole wonder operation.

keep up the analysis though, really enjoy the commentary

EXR Price at posting: 45.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.3¢		Change -0.003(4.55%)		Mkt cap ! $75.39M

Open	High	Low	Value	Volume
6.6¢	6.7¢	6.3¢	$400.6K	6.293M

Buyers (Bids)

No.	Vol.	Price($)
1	24194	6.3¢

Sellers (Offers)

Price($)	Vol.	No.
6.4¢	120977	4

View Market Depth

No.	Vol.	Price($)
1	24194	0.063
14	2581961	0.062
11	2135030	0.061
28	1873214	0.060
4	520860	0.059

Price($)	Vol.	No.
0.064	120977	4
0.065	467460	2
0.066	699511	2
0.067	15151	1
0.068	204400	2

Last trade - 15.59pm 18/10/2024 (20 minute delay)

EXR (ASX) Chart