The HOURLY LINEAR REGRESSION chart from the sp 66.5c. high on 17/01/23 to the sp 19c. low on 12/09/23, generated an UPPER channel range of 17c.
From 12/09/23, key, up side target prices/horizontal resistance tests, are forward looking (extrapolated), PREDICTIVE in nature, and will be (generally) MULTIPLES of that 17c. range, including range mid points.
Cheers.
[ATTACH] The HOURLY LINEAR REGRESSION chart from the sp 66.5c....
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$1.13 |
Change
0.050(4.63%) |
Mkt cap ! $87.39M | |||
| Open | High | Low | Value | Volume |
| $1.08 | $1.15 | $1.08 | $121.3K | 108.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12331 | $1.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.15 | 15000 | 2 |
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| GHY (ASX) Chart |