Can happen in any timeframe imho. It's not a double top until confirmed by closing (the relevant period) below 1.83 in this case. If confirmed, the target would be 1.63, so not a case of the sky falling in.I agree with the sentiment that we don't lose too much sleep over 5 min trends (overseas action while we're sleeping can completely change the picture for next day). But it is the chart thread, and interesting to see patterns forming on all timeframes, while we wait forever for the fundamentals to change.
Can happen in any timeframe imho. It's not a double top until...
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 (20min delay)
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Last
$1.81 |
Change
0.160(9.73%) |
Mkt cap ! $702.1M | |||
| Open | High | Low | Value | Volume |
| $1.73 | $1.86 | $1.71 | $10.02M | 5.567M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2500 | $1.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.81 | 11173 | 1 |
View Market Depth
| Last trade - 16.11pm 27/06/2025 (20 minute delay) ? |
| CHN (ASX) Chart |