The bigger TECHNICAL picture.........the up side, extrapolated price projections.
The linear regression chart from 24/04/20, to the 5.1c. sp low on 01/07/22, generated an upper channel range of 40c. (actual 39.7c.).
From 01/07/22, KEY, up side TP's/ Resistance tests are forward looking (extrapolated), and will be (generally) MULTIPLES of that 40c. range, including range mid points.
So, an up side TP of $1.29c. is but one of the 'fits' in this scenario.
Cheers.
The bigger TECHNICAL picture.........the up side, extrapolated...
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Last
22.0¢ |
Change
0.025(12.8%) |
Mkt cap ! $81.50M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 22.0¢ | 20.0¢ | $1.377M | 6.563M |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 128870 | 21.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 50008 | 3 |
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