As with any breakout to occur it will need volume confirmation. Previous resistance lines up well with Fib retracement.
If shakeout to 1.3 occurs then breakout could be pushed back until end of July.
Seems July is lining up quite nicely though. End of financial year selling will be finished, due for an announcement and chart pattern playing out.
Chart - SCU, page-182
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.563M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $5.511K | 1.377M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 12071743 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 164561 | 2 |
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| Last trade - 12.38pm 18/06/2024 (20 minute delay) ? |
| BP8 (ASX) Chart |