I totally agree.. once we clear mid 50's there shouldn't be much resistance till 0.63ish
I'll call that as my target for mid next week. Lower indicators are looking primed.. however some solid volumes would be great as we look to break upper (downwards) trend line of this wedge formation and move towards 0.80 resistance. First things first though it needs to find a floor and consolidate in low 60's. Good news will most likely be needed or in the pipeline at least to break out of these barriers. Imo it was great to hold lower trend line and move on relatively quickly to break out of the ST downtrend. Now we need to move onwards and upwards to the next barriers.
Quick shout to RDN also in the Pilbara.. hope some of you are also on board!
Chart, page-729
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Last
31.5¢ |
Change
-0.005(1.56%) |
Mkt cap ! $380.0M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.0¢ | 30.5¢ | $1.245M | 4.001M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19705 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 78278 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WC8 (ASX) Chart |