Feeling very happy, my stop loss did not get hit out of last convergence breakdown. Ive seen before these break and then bounce back with avengence, so wide stops for some safety on long term plays.
Now the chart evolves, this could be Wave 3. Wave 3's are broad and unmistakable, often including continuation gaps. So if we gap up, this is good and probably risky to play gap trades right now.
Imediate target is likely 93c resistance, probably a slight pull back at 87c first.
Analysis of the daily chart matches the weekly chart tooAbout time for a decent run!
DAILY:
WEEKLY:
Feeling very happy, my stop loss did not get hit out of last...
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Last
$2.51 |
Change
-0.070(2.71%) |
Mkt cap ! $7.558B | |||
| Open | High | Low | Value | Volume |
| $2.61 | $2.65 | $2.49 | $39.67M | 15.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 72 | 320109 | $2.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.52 | 275347 | 93 |
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| Last trade - 14.02pm 05/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |