This is looking more like a nested wave1 the more I look at it. Can not find a bearish structure on this at all (also could be dangerous if you know what I mean).
Nested wave1 also known as wave1 extensions, see below. We completed the wave1 in purple then had a deep wave2 red back. The only issue I see is the red wave2 back was very deep.
We need to break that blue channel line and rest above it to add confidence in the call.
MK
#DYOR
PBH Charts, page-12
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Last
52.0¢ |
Change
-0.015(2.80%) |
Mkt cap ! $169.2M | |||
| Open | High | Low | Value | Volume |
| 54.5¢ | 57.0¢ | 52.0¢ | $1.727M | 3.182M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 189619 | 52.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.5¢ | 56415 | 2 |
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| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
52.5¢ |
Change
-0.015 ( 2.33 %) |
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| Open | High | Low | Volume | ||
| 54.8¢ | 57.5¢ | 52.3¢ | 815971 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| PBH (ASX) Chart |