The problem with your wave count is that you have wave C of the correction being much smaller than wave A.
I think it’s more likely that, at close of trading today, the share price is at wave 4 of 5 of wave C. It’s a bit more obvious on the hourly charts.
So there’s wave 5 down to go before the correction is done on the daily charts.
The gap at $1.13 to $1.15 is a good target for this.
We will see tomorrow.
DRO - Chart and TA., page-1561
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Last
$1.17 |
Change
-0.105(8.24%) |
Mkt cap ! $1.020B | |||
| Open | High | Low | Value | Volume |
| $1.29 | $1.30 | $1.14 | $18.43M | 15.52M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 88143 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| DRO (ASX) Chart |