Agreed my short term target (1-2 weeks) is mid 20's initially. Technically we have a break out above a reverse head & shoulders pattern (which took 12 months to form) which gives me a target in the mid 20's.. .. There have also been several broker reports which have similar targets...
I expect that we will not get to the mid 20's without some form of mini retrace .....so expecting a drop back to say 18.5-19c before 2nd rally up to the target initially and perhaps beyond.
Time will tell.
yesterdays shortsell report, page-2
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Last
80.0¢ |
Change
-0.070(8.05%) |
Mkt cap ! $159.8M | |||
| Open | High | Low | Value | Volume |
| 88.5¢ | 88.5¢ | 80.0¢ | $12.22K | 14.67K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5573 | 74.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 2295 | 1 |
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| Last trade - 15.21pm 08/07/2024 (20 minute delay) ? |
| RHK (ASX) Chart |