The above chart was generated on 26/07.
The linear regression chart from 18/11/21 to the 18.5c. sp low on 0n 17/06/24, generated an upper channel range of 43c. (62c. - 19c. = 43c.)......with a range mid point @ 40.5c. (today's close).
From 17/06/24, up side KEY TP's/ Resistance tests are forward looking (extrapolated), and will be (generally) MULTIPLES of that 43c. range, including range mid points.
An opportune trade from 30c. on 26/07!
The CLOSING price today @ 40.5c. was subtle, but not insignificant....spot on RESISTANCE.
Cheers...and keeping in mind, when key horizontal support/ resistance levels are being tested, the CLOSING price is the one that matters.
Technical price chart
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Last
43.5¢ |
Change
-0.025(5.43%) |
Mkt cap ! $27.51M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 46.0¢ | 43.5¢ | $53.06K | 120.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4466 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 9189 | 1 |
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| Last trade - 10.59am 04/09/2024 (20 minute delay) ? |
| TRP (ASX) Chart |