Im not worried 1Ronnie, its showing a very typical text book chart pattern. It takes several weeks ahead for this to play out on the chart from here.
There may be some fake break ups, but IMO its a chance to lighten holdings if it rises more.
Im not holding, and I really dont consider it a buy. Its a scary chart that implies there is a few mad down days ahead before it reshapes and rolls back around. That is weeks away yet. The price when it does shape into a bullish chart will most probably be around the $1.80 level, it could be $2- or could be 1.60 or even 1.20.
But Im pretty sure the $2- level will be tested over the next few weeks.
TTT chart thread, page-586
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Last
18.5¢ |
Change
0.020(12.1%) |
Mkt cap ! $187.0M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 18.5¢ | 14.8¢ | $2.390M | 15.13M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8651 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 457540 | 6 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| TTT (ASX) Chart |