Revisiting Elliot Wave Theory in relation to the daily chart, with my limited knowledge of charting and such matters, I'm considering another possibility for the future price action that I previously thought was unlikely, primarily due to the relative time scales. However, looking at the recent/current price action and the potential for positive news releases in the near and medium terms, I believe it's possible we could have already completed the A-B-C Corrective Wave and are now entering wave 3 of the next 5-count Impulse Wave. The following chart highlights the alternative Corrective Wave and potential new Impulse Wave.
Revisiting Elliot Wave Theory in relation to the daily chart,...
-
- There are more pages in this discussion • 29,076 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IMU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.6¢ |
Change
0.001(0.91%) |
Mkt cap ! $402.5M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.6¢ | 5.5¢ | $394.2K | 7.132M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 857956 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 1328725 | 11 |
View Market Depth
| Last trade - 11.02am 25/06/2024 (20 minute delay) ? |
| IMU (ASX) Chart |