The LINEAR REGRESSION chart from the sp low 0.005476c. on 01/09/2015 to the sp high $3.195c. on 16/06/2023, generated a LOWER CHANNEL RANGE of 68c.
From 01/09/2015 , DOWN SIDE , key TP's/ HORIZONTAL SUPPORT levels are forward looking (EXTRAPOLATED) ......PREDICTIVE in nature ...and will be (generally) MULTIPLES of that 68c. range, including range mid points.
The 88c. level is a significant TECHNICAL support level......"the 'lion' in the sand ".
So, the two levels of immediate significance?.....RESISTANCE @ $1.05c., & SUPPORT @ 88c.....which way will it break?
Cheers.
New TA/Charting, page-14106
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75.0¢ |
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Mkt cap ! $1.818B | |||
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| 75.0¢ | 321345 | 7 |
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