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Thought Id start one to not clog up the other threadsWeve got...

  1. italabria
    17,065 Posts.
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    08/06/23
    17:17
    Post #: 68201709
    Thought Id start one to not clog up the other threads
    Weve got the breakout of the original downtrend back on 31 May and successfully backtested, before news today which launched it to the old support, now turned resistance from IPO at 39.5 cents.
    Having broken through 29.5 cents without backtesting, it needs to successfully come back to do so. Closed right at the backtest tonight. Tomorrow it will need to support/build a base around 29.5 cents area obviously leading up to assays create a sort of a cup. Assays no good, get dumped, assays good, will launch.
    If it fails 29 cents should go all the way back to fill gap. Not sure that will happen and gap fill may be for if assays are no good. We wait and see what tomorrow brings
    https://hotcopper.com.au/data/attachments/5337/5337769-446ec86629026a2b9aa1604eba99d771.jpg

    NIM Price at posting: 29.5¢ Sentiment: Hold Disclosure: Held
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