Hi @dc1234 this one just reminds of PLS..at around $5.60, where momentum also slowed right down into a 3rd high, yes it is a very strong up trend, and strong momentum takes time to turn, the 62% Fib is more of an area to watch rather than the exact 62% price...main thing to look for I suppose is that support is maintained above this level... if it goes below that it could be the start of a decline...we don`t want to see this turn into a "lower high".
Chart, page-12
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24.0¢ |
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Mkt cap ! $289.5M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 25.0¢ | 23.5¢ | $297.4K | 1.225M |
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| No. | Vol. | Price($) |
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| 4 | 92744 | 24.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 37733 | 3 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| WC8 (ASX) Chart |