Hi folks
After todays close I thought it about time to update the daily chart.
On the chart I included the FIB rising from 0.805 to 1.245 we then had an expected 23.6% retrace. After todays close at 1.26 I suspect that the next upward extention will target the zone to form the right lip of a cup and handle formation. Right lip (1.33 - 1.40) followed by another retrace to form the handle to shake out weak holders and allow some profit taking. To be followed by the next breakout extention upwards.
Just the way I deal with the market so that I am not surprised by what plays out, as always DYOR.
cheers Lies
Hi folksAfter todays close I thought it about time to update the...
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Last
26.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $491.8M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3690 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 24066 | 3 |
View Market Depth
| Last trade - 09.49am 16/05/2024 (20 minute delay) ? |
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Last
27.5¢ |
Change
0.000 ( 3.77 %) |
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| Open | High | Low | Volume | ||
| 27.5¢ | 27.5¢ | 27.0¢ | 1007553 | ||
| Last updated 10.03am 16/05/2024 ? | |||||
| BRN (ASX) Chart |
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