Large, 12 Month Cup and Handle Formation about 85-90% through that will probably be complete within the next month or so.
My prediction: Fortified share price will penetrate $2.21 soon, hang around there until annual figures released, good news may see a rise to $2.40 and possibly a small retrace (handle of the cup) before rising above $2.50.
All expected by me within the next 3-4 months.
All in my opinion, of course, so be sure to Do Your Own Research.
Cup & Handle Formation
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Last
$2.77 |
Change
-0.020(0.72%) |
Mkt cap ! $6.175B | |||
| Open | High | Low | Value | Volume |
| $2.78 | $2.80 | $2.76 | $9.325M | 3.358M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 130928 | $2.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.78 | 213779 | 9 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CWY (ASX) Chart |