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
$3.35 |
Change
0.100(3.08%) |
Mkt cap ! $4.373B | |||
| Open | High | Low | Value | Volume |
| $3.29 | $3.44 | $3.29 | $51.45M | 15.25M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 207994 | $3.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.36 | 215122 | 5 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |