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
11.5¢ |
Change
-0.015(11.5%) |
Mkt cap ! $246.4M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 11.5¢ | $2.271M | 18.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 2973036 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 1235619 | 14 |
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| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| CXO (ASX) Chart |