The down trend LINEAR REGRESSION chart from the $1.705c. sp high on 25/08/21, to the 36c. sp low on 23/06/22, generated an UPPER channel range of 40c.
From 23/06/22 onward, KEY up side TP's/RESISTANCE tests are forward looking (EXTRAPOLATED), PREDICTIVE in nature, and will be (generally) MULTIPLES of that 40c. range, including range mid points.
The current horizontal support level of interest is $5.91c.......($6.71c. - 80c. = $5.91c.)
The CLOSE today @ $5.90c. was subtle, but not insignificant .....and current momentum suggests further down side (imo).
Cheers.
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 (20min delay)
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Last
$2.52 |
Change
0.130(5.44%) |
Mkt cap ! $810.1M | |||
| Open | High | Low | Value | Volume |
| $2.39 | $2.54 | $2.37 | $5.141M | 2.072M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6820 | $2.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.52 | 3500 | 1 |
View Market Depth
| Last trade - 16.17pm 27/06/2025 (20 minute delay) ? |
| CU6 (ASX) Chart |