Not all breakouts are successful however the possibilities are there for a $14.90ish 5th wave, using the widest points of the triangle to estimate the 5th wave move we have a high of $14.25 and a low of $12.72 a gain of $1.53. If we add $1.53 to the breakout price lets say $13.38 we have a target of $14.91.
The triangle also shows an a,b,c,d,e pattern with sub dividing waves contained inside waves "a" through to "c".
Could this be it again?
Also interesting is the decline in volume of late which also supports the 5th wave and breakout possibilities.
Currently holding.
Apologies if chart looks a bit messy.
Not all breakouts are successful however the possibilities are...
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Last
$16.18 |
Change
-0.010(0.06%) |
Mkt cap ! $24.30B | |||
| Open | High | Low | Value | Volume |
| $16.27 | $16.36 | $16.17 | $59.11M | 3.643M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13364 | $16.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.18 | 2683 | 1 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| QBE (ASX) Chart |