Cheers for pointing that out goodoh, I hope that helped some investors pick a good entry or add to existing positions. You can place a line through two points on anything but when it comes to charts and a third point is respected, that's now a trend worth observing. With that in mind, as you've highlighted above in your chart, price broke out of 5 year descending resistance on a weekly bases last Friday, that's significant. Initial price target is 0.27c all else being equal.
Chatt for matt23, page-23
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Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $346.7M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 21.0¢ | 20.0¢ | $697.8K | 3.410M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6000 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 834678 | 9 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| AMI (ASX) Chart |