Elliot wave has two counts primary and alternate.
This 11 day rally is unfolding in five waves so is either the C of Wave 2 or only wave 1 of a final fifth wave.
My primary count is the former but have to be alive to the alternative.
I expect this rally to end this week but am not preempting it.
Once it rolls over we will have a pivot point to the upside and if it takes out previous low of 12943 then it can be catagorized as a bear market rally.
Elliot wave has two counts primary and alternate.This 11 day...
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Last
$1.65 |
Change
-0.040(2.37%) |
Mkt cap ! $1.858B | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.66 | $1.60 | $24.14M | 14.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 144386 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 170543 | 5 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |