Since this is a chart thread, let's take a look at my thoughts....

Since this is a chart thread, let's take a look at my thoughts.
I previously mentioned that I want to see the next few days consolidate in the 9c level. Yesterday 8.9c close matched last Friday close and 8.9c held.
Looking at the Fib Retrace SP started at 1.4c on 24 Oct and reached a high of 10.5c yesterday.
First level of strong support here is 8.3c and the MA20 is at 8.1c so this region should prove strong support. See hourly chart
Further the RSI is at 58, ie below overbought which is a good sign and while MACD has turned down it is still in line with the signal.
EMA10 is roughly at 9c so this should also act as a solid level of support (ie 8.8-9c region).

Daily MACD still well above Signal, although RSI is at 75 but strong volume and growth explain this.

Overhead resistance is clearly at 10 and 10.5c.

My ideal scenario is a solid open with accumulation in the low to mid 9c. Due to Melb Cup, expecting volume to be around 120-150M level

Long term potential still well worth it.