My updated wave counts based on action over the last few days. We've hit the 61.8% retracement level + lower median line support so the bottom of minor wave ii should be in. Expecting a bounce from here firstly towards the median line at around $1.70 then towards $2+. However a word of caution should the price drop below $1.21 we may see a larger degree ABC corrective pattern come into play, which would take us down to the $1 - $1.10 mark. My money is on the upside scenario. All IMO.
My updated wave counts based on action over the last few days....
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Last
9.2¢ |
Change
-0.002(2.13%) |
Mkt cap ! $196.5M | |||
| Open | High | Low | Value | Volume |
| 9.5¢ | 9.6¢ | 9.2¢ | $931.9K | 10.00M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 870063 | 9.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.3¢ | 449898 | 9 |
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| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| CXO (ASX) Chart |