From the 12 months daily chart, we can clearly see an Elliot wave structure. Recent high near $4 is the peak of impulse wave 5, the symmetrical triangle preceding the push from $3.10 up to the peak was the 4th wave.
Today, the share price has just dropped into the range of the 4th wave ($2.55 - $3.20 ish). This is one of the guiding principles of counting the waves.
Chart, page-4
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 (20min delay)
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Last
27.5¢ |
Change
-0.010(3.51%) |
Mkt cap ! $101.4M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 27.0¢ | $31.06K | 108.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 32856 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 7744 | 6 |
View Market Depth
| Last trade - 12.48pm 02/05/2024 (20 minute delay) ? |
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Last
27.5¢ |
Change
-0.010 ( 3.51 %) |
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| Open | High | Low | Volume | ||
| 29.0¢ | 29.0¢ | 27.5¢ | 4144 | ||
| Last updated 12.38pm 02/05/2024 ? | |||||
| PAR (ASX) Chart |