Only if 75c, the top of wave 1 is not touched, then my projection could be possible.
This is based on Elliot Wave theory, and the 5 wave structure for propelling movement is a quite basic point to apply.
when you feel it's hard to imagine, just check the history charts of $100 stocks, why similar things won't happen to CHN?
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 (20min delay)
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Last
$1.68 |
Change
-0.040(2.33%) |
Mkt cap ! $653.5M | |||
| Open | High | Low | Value | Volume |
| $1.70 | $1.72 | $1.65 | $2.613M | 1.554M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 47108 | $1.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 1509 | 2 |
View Market Depth
| Last trade - 16.12pm 30/07/2025 (20 minute delay) ? |
| CHN (ASX) Chart |