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
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $70.13M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 18.0¢ | $411.4K | 2.216M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24999 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 25000 | 1 |
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| Last trade - 15.49pm 08/10/2024 (20 minute delay) ? |
| AL3 (ASX) Chart |