IF you believe we have a flag pattern:
IMO, flagpole height is from 3.2 to 7.4, difference is 4.2. I think the flag has broken at 7c, so add 4.2 and get 11.2 as a rough target based on the flag.
Share price hasn't been above 9.3c in 5 years, so, if the above actually occurred, we would be in unknown territory at around 11c, from a chart perspective, though you could then look at some bands for targets.
Since mid 2017 we have been in a band between roughly, 3c and 9c (using rounded #'s), so there's a school of thought that would suggest we go up in 6 cent bands from 9 cents. In other words, 9 to 15, to 21 etc. so your 12 to 15 is a fair call.
IMO, if we broke 9c convincingly and on volume, it will come with some big announcements, and I'd be at a loss to say where it could go, other than a multiple of the band which is where I'd be watching it closely.
- Forums
- ASX - By Stock
- pck chart
IF you believe we have a flag pattern:IMO, flagpole height is...
-
-
- There are more pages in this discussion • 2,484 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PCK (ASX) to my watchlist
|
|||||
Last
3.3¢ |
Change
-0.003(8.33%) |
Mkt cap ! $53.98M |
Open | High | Low | Value | Volume |
3.6¢ | 3.6¢ | 3.3¢ | $91.67K | 2.719M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 187734 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 885331 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 187734 | 0.033 |
4 | 587746 | 0.032 |
4 | 522340 | 0.031 |
4 | 722000 | 0.030 |
2 | 520000 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 885331 | 1 |
0.037 | 125000 | 1 |
0.038 | 29998 | 1 |
0.040 | 50000 | 1 |
0.042 | 184333 | 2 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
Featured News
PCK (ASX) Chart |