Back up the truck and BTFD if this thing hits $12. IMHO I would find it difficult to valuate this company at half the valuation it was 10 months ago.
We are still in the 16.50-70 support zone. In previous charts I didn't show my fib lines because it tends to clutter the screen, but we have a 127.2% fib line which acts commonly as support with a price retracement of 61.8.% which did occur in this case (the reversal at the 38.2% line). From a fib extension perspective the 100% mark is at 16.16 which would be my next support zone if 16.50 breaks.
Sorry to go all technical on you.
going to $12, page-2
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Last
$79.22 |
Change
-1.280(1.59%) |
Mkt cap ! $8.661B | |||
| Open | High | Low | Value | Volume |
| $80.10 | $80.60 | $79.09 | $17.11M | 215.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1762 | $79.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $79.42 | 1436 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| JBH (ASX) Chart |