I would love to see the C&H pattern to play out as a continuation pattern with a target of about 7.8c which would come close to my target at about 8.4c or Fib 361.8% extension, which some of my stocks archived recently.
IMO for that to happen 4.4c would need to hold though as a closing price.
Should SP drop to 4.2c support though IMCO it changes things away from the C&H pattern and personally I would fall back onto my old fashioned wave count looking for 6.4c next followed by 8.4c anyway.
Here is my current daily chart ...
CHK chart, page-771
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $10.76M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $365 | 121.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 35211408 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 14097964 | 23 |
View Market Depth
| Last trade - 10.20am 03/05/2024 (20 minute delay) ? |
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Last
0.3¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 0.3¢ | 0.3¢ | 0.3¢ | 2000000 | ||
| Last updated 15.22pm 03/05/2024 ? | |||||
| CHK (ASX) Chart |