From a purely charting aspect the recent sideways pattern fulfils the characteristics of a Wyckoff pattern that should break out into higher highs and higher lows from that spike (spring) below the rectangle as it has). Wyckoff uses Point & Figure charts for targeting and while it is a bit 'rubbery' on M7T, that gives a target of $1.23
From a purely charting aspect the recent sideways pattern...
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Last
36.0¢ |
Change
-0.005(1.37%) |
Mkt cap ! $86.84M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.0¢ | 35.5¢ | $141.6K | 388.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 67251 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 7500 | 1 |
View Market Depth
| Last trade - 15.58pm 19/11/2024 (20 minute delay) ? |
| M7T (ASX) Chart |