I am assuming your question directed at my post.
It's Elliot wave theory.
I can't remember much details now but to me it means that firstly this is all part of the market playing out, and secondly if your were looking to top up then now is the time as the theory says the correction has run its projected depth.
Stock should now re-group, build a base, then run again.
The new base formation should stretch a few short months (say three?).
Chart, page-6
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Last
29.0¢ |
Change
0.005(1.75%) |
Mkt cap ! $101.4M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 28.5¢ | $3.125K | 10.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16109 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 30000 | 1 |
View Market Depth
| Last trade - 10.32am 02/05/2024 (20 minute delay) ? |
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Last
28.5¢ |
Change
0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 29.0¢ | 29.0¢ | 28.5¢ | 1762 | ||
| Last updated 11.04am 02/05/2024 ? | |||||
| PAR (ASX) Chart |