see chart, price should get to resistance of triangle pattern if it can break level resistance. could give a higher high here. A fall in prices will play into a head and shoulders pattern
zoomed out 50ma resistance and upper channel holding price down for now 200ma pointing down
not many opportunities on the ASX this might have a run up to between 100/50ma and level support.
see chart full target is 50% of measured move = 1.3c
see chart 50% move or measured target is 5700 which will be supported there by 200ma. full move will test channel support
see chart. one to watch for a run to old channel support now to act as resistance OR could setup a new consolidation area
negative continuation in the near term. red box ST target
see chart for price projection in TL is broken
see chart. iff 100ma doesnt help this snap back tomorrow then more bears to come
a 4th test of long term LT trend line TL bay not hold. other factors showing bigger bears to come. possible bounce area 6124'ish take your cash off the table while there is still some there
1pm. volume building nicely to qualify a buyable gap up into yearly all time high. needs confirmation tomorrow, good risk reward near support
see chart breakout of old rising triangle now struggling with 200ma if it can get out there should be a little run to higher prices