The LINEAR REGRESSION chart from 05/08/2022 to the 6c. share price low on 18/03/2024, generated an upper channel range of 6c.
Expect up side TP's/RESISTANCE tests to be MULTIPLES of that 6c. range......including range mid points.
Whence the MAJOR TP @ 44c. has been tested ........expect further upside TP's to be MULTPILES of (5 x 6c.) 30c.
Cheers.....just my take, and keeping in mind , when key horizontal support/resistance levels are being tested, the CLOSING price is the one that matters.
SUM Chart, page-89
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Last
26.5¢ |
Change
-0.005(1.85%) |
Mkt cap ! $21.75M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 28.5¢ | 26.5¢ | $256.6K | 931.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14431 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 15634 | 1 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| SUM (ASX) Chart |