Hi all.
I don't normally see these chart patterns work on specky stocks but this one was a textbook ascending triangle. I happened to stumble across it about 5 weeks ago and bought in (albeit earlier than the proper buy signal).
Textbook target price of this pattern is 6.3c. Normally reaches the target about 70% of the time. Hopefully it'll roll into a flag and then keep going beyond the target price.
In reality, after carrying out some research, I'm now convicted and will probably hold until results and production (even if production is probs a few years away).
This is all of course myo. DYOR.
Trading pattern, page-30
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Last
3.6¢ |
Change
0.004(12.5%) |
Mkt cap ! $171.9M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.7¢ | 3.3¢ | $1.290M | 36.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2642352 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 1976651 | 5 |
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| Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
| AZY (ASX) Chart |