Hi Ivanovich,
Don't wish to pour water on your fire, however two things with your chart.
1. It cant be a double bottom if its not a bottom!!
2. The cup and handle formation was formed on the weekly chart with a double bottom around the 3 cent mark.
If you use the previous peak on the weekly at 21 cents (by memory) before the slide, you can draw the cup from the top of that point, you will also note the double bottom is months apart.
The target price by memory was approx. 38ish cents which is derived from the previous peak 21 cents - 3 cents (the bottom) = 18 + 21 the previous peak = 38ish cents.
Happy to post a chart on the weekend to illustrate the above.
Cheers
- Forums
- ASX - By Stock
- Double bottom Cup and Handle
Hi Ivanovich, Don't wish to pour water on your fire, however two...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add H2G (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.392M |
Open | High | Low | Value | Volume |
0.4¢ | 0.5¢ | 0.4¢ | $13.31K | 3.279M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 337048 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 3610851 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 337048 | 0.004 |
6 | 2218999 | 0.003 |
3 | 1950000 | 0.002 |
3 | 2234052 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 3610851 | 6 |
0.006 | 2332661 | 7 |
0.007 | 208518 | 2 |
0.008 | 4035410 | 3 |
0.009 | 2834689 | 2 |
Last trade - 15.37pm 30/09/2024 (20 minute delay) ? |
Featured News
H2G (ASX) Chart |