G'dayInteresting chart dascore. I'm no good at elliott wave,...

G'day
Interesting chart dascore. I'm no good at elliott wave, perhaps my young days as a roadie has left me with a preference for only numbers up to 2 (test one two LOL)
I only occassionally trade this stock but heres my interpretation for those interested.
The downtrend resistance line was broken, then a falling wedge which also broke out but not all that convincingly. I would like to see the recent low of 11 hold, giving a double bottom or perhaps a higher low. Throw in some underlying strength indicators like rising lows on the oscillators and could be good. This is only a possibility and as everyone is noticing, falling stocks are finding it hard to recover at the moment
Just watching, don't hold, good luck to those who do
cheers
Rod