I'm not saying it will play out as well as CU6 did but if it gets out of this base it will then be in a proper stage 2 trend after forming up a long IPO base. My charting is largely based on Minervini's work(who took O'Neil's work and tightened up the ways to enter a stock)
EBR long term view, large VCP IPO base
Short term forming a cup which probably needs a handle. The entry today for me was a Minervini mid cup cheat handle
Charting, page-292
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Last
$1.05 |
Change
-0.005(0.47%) |
Mkt cap ! $323.5M | |||
| Open | High | Low | Value | Volume |
| $1.08 | $1.13 | $1.05 | $256.1K | 234.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8000 | $1.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 120133 | 1 |
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| Last trade - 15.58pm 28/06/2024 (20 minute delay) ? |
| EBR (ASX) Chart |