Excuse me for being controversial and posting a chart in the chart thread but there was a pretty clear Head & Shoulders pattern easily identifiable more than a week ago. It produced a pretty much text book extension beyond the neckline. It may pause and retrace up but the downtrend could still continue. Wait for a break and a few closes above 1.80 for confirmation IMO.
It was very low volume selling so theories on rebalancing and sell in "may and go away" opportunists could be the reason.
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Last
$1.80 |
Change
0.010(0.56%) |
Mkt cap ! $153.9M | |||
| Open | High | Low | Value | Volume |
| $1.82 | $1.85 | $1.80 | $79.01K | 43.15K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 555 | $1.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.83 | 5200 | 1 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| EMV (ASX) Chart |