RHK 0.67% 74.0¢ red hawk mining limited

fib works perfectly , page-25

  1. 3,134 Posts.
    I assume you are after the maths.

    First find the range i.e 9.2 minus 4.1 = 5.1c. Range is 5.1c.
    .236% of range(5.1) = 1.20c. Therefore 9.2 - 1.2 = 8c.
    .382% of range = 1.95c. 9.2 - 1.95 = 7.25.

    One still need to make a judgement as to the direction of the market (up or down) and the volatilty (e.g 25%). There is no silver bullet!
 
watchlist Created with Sketch. Add RHK (ASX) to my watchlist
(20min delay)
Last
74.0¢
Change
-0.005(0.67%)
Mkt cap ! $147.8M
Open High Low Value Volume
74.0¢ 74.0¢ 74.0¢ $239 323

Buyers (Bids)

No. Vol. Price($)
1 234 74.5¢
 

Sellers (Offers)

Price($) Vol. No.
79.0¢ 551 1
View Market Depth
Last trade - 10.06am 08/08/2024 (20 minute delay) ?
RHK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.