The way the pattern is playing out it appears we are in a C wave with 5 waves completing.
That could be it for its bull run but my primary count is that this may only be completion of 1 of 5 and ultimately will take it to $2.60 which im finding hard to reconcile with the fundamentals.
For that count to work it needs to pull back to the 52-58 cents area to allow the moving averages to reset and work off the overbought state on false rumours.
The sell off would need to be quite sharp to support that count.
The way the pattern is playing out it appears we are in a C wave...
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Last
$1.29 |
Change
0.045(3.63%) |
Mkt cap ! $1.459B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.32 | $1.27 | $15.56M | 12.03M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 54105 | $1.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 8821 | 3 |
View Market Depth
| Last trade - 15.59pm 03/05/2024 (20 minute delay) ? |
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Last
$1.29 |
Change
0.045 ( 3.89 %) |
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| Open | High | Low | Volume | ||
| $1.25 | $1.31 | $1.25 | 2717786 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| ZIP (ASX) Chart |