Here's the daily I showed last time.
While you can count the 5 waves down as impulsive, looking to bounce off fibs and setting up positive divergence on the daily, so poss. we get a corrective move back to at least 16/17+ if the market holds.
Time relationships could do with another week or two but if the market rallies off Sun/Mon news then we wont get it.
Notably our friends at the 2 brokers running the algo's over the last 4 weeks appear to have taken the day off.
Bodes well for more upside even if we attempt to put in a higher low further on down the track.
Here's the daily I showed last time.While you can count the 5...
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0.3¢ |
Change
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Mkt cap ! $9.508M | |||
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| AVE (ASX) Chart |