The bottom chart is a Point and Figure (PnF) chart it uses common stock price connections only and is not influenced by Time.....This can be a great help in eliminating chart chatter...and makes patterns easier to read...
the recent drop from 8.5 shows a clear neckline and current head formation...this is the start of a possible bullish Inverted head and shoulder retrace pattern..The other time price charts show it but much more convoluted with time chatter...see what you think ??
chart, page-4
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Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 50.0¢ | 49.5¢ | $43.20K | 86.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21776 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 94070 | 2 |
View Market Depth
| Last trade - 15.57pm 23/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |