Key horizontal SUPPORT @ $3.31c. was broken, re tested (a number of times) and appears to 'smoked'.
The WEEKLY lr chart (W/E 22/09/23) low @ $3.16c. respected trend line SUPPORT.
However, the W/E 29/09/23 has seen OPENING prices below that trend line....which SUPPORT (today) will be @ $3.15c.
The CLOSING price, relative to that $3.15c. point, will be of some significance.
Cheers......and keeping in mind, when key support levels (both horizontal & trend lines) are being tested , the closing price is the one that matters.
Key horizontal SUPPORT @ $3.31c. was broken, re tested (a number...
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$1.95 |
Change
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