Shouldn't the C Wave be longer than the "A" wave Additionally arent the BC waves longeer i.e longer than AB wave
From the theory
It's worth noting that during the transition from wave B to wave C, the market tends to experience lower trading volume. This decrease in trading activity is a crucial characteristic of a flat correction pattern, which is what the ABC pattern is classified as.
SPQ chart, page-2507
-
- There are more pages in this discussion • 312 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SPQ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
0.002(25.0%) |
Mkt cap ! $18.01M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 1.0¢ | 0.8¢ | $30.88K | 3.440M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 568999 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 2711234 | 6 |
View Market Depth
| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| SPQ (ASX) Chart |