MAY has formed a bullish pennant on the LTF at $0.095 as predicted above (TP1) - looking for a breakout retest and a move up - targeting my TP2 (take profit 2) at $0.119. Green squiggle showing my predicted path to TP2..
Once we get to approx $0.12 on the HTF we have some strong resistance at this level. I would expect some consolation before we see the next move up or down. This move up would be invalidated with a daily close below $0.075.
If we get some positive news from MAY all this TA/PA is out the window! LFG MAY!
** Side note - Nick Timiraos called that the FED will look to pivot in December (FROM QT to QE!!!!)... He has been correct with quiet a few of his Marco economic predictions (they call him the FED whisperer LOL)... If correct, this will be big for risk on assets like stocks and crypto. Not financial advice and DYOR!
MAY has formed a bullish pennant on the LTF at $0.095 as...
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Last
3.5¢ |
Change
0.002(6.06%) |
Mkt cap ! $117.9M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.6¢ | 3.3¢ | $577.5K | 16.92M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1018559 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 1521853 | 6 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MAY (ASX) Chart |