Could be on for a bit of a correction here IMO.
The 10-minute chart shows the end of a wave sequence following the divergence.
Also on the hourly chart, a divergence confirming the end of the wave sequence.
It appears the 62% fib on the daily here was too much for now and it could come to the 50% fib retracement level at 97.5c or potentially even lower.
Full disclosure, I sold half yesterday and have a buy at $1.00.
Could be on for a bit of a correction here IMO.The 10-minute...
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $224.3M | |||
| Open | High | Low | Value | Volume |
| 9.8¢ | 10.8¢ | 9.6¢ | $1.222M | 11.93M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 3180868 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 1951653 | 28 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |