Apologies, the correct target price for the pattern is approx $1025.
Should it reach that target and retrace to $900-$950 before moving back to $1025, we could have a larger inverse H & S in play.
A lot of ifs I realise, however, should that eventuate the neckline would be $1022 and the head still $817 resulting in a target of approx $1230.
CHN chart, page-8975
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Last
$1.59 |
Change
-0.195(11.0%) |
Mkt cap ! $616.6M | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.78 | $1.48 | $14.62M | 9.228M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 43319 | $1.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.59 | 15000 | 2 |
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| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| CHN (ASX) Chart |