The up trend linear regression chart from the 28c. sp low on 14/12/18 to the $1.00c. sp high on 22/10/19 , generated an UPPER range channel of 45c.
From 22/10/19, key up side TP's/RESISTANCE tests are forward looking (extrapolated)....PREDICTIVE in nature....and will be (generally) MULTIPLES of that 45c. range.
Fast forward to the other side of that peak (7 x 45c.= $3.15c. + $1.00c. = $4.15c.)......and the EMV share price is beckoning to test key horizontal SUPPORT @ $1.45c.
Cheers....just my take ......and keeping in mind, when key horizontal support/resistance levels are being tested, the closing price is the one that matters.
[ATTACH] The up trend linear regression chart from the 28c. sp...
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Last
$2.03 |
Change
0.000(0.00%) |
Mkt cap ! $173.4M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2462 | $2.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.09 | 4977 | 3 |
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| Last trade - 10.02am 22/08/2024 (20 minute delay) ? |
| EMV (ASX) Chart |
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