re: Will not fall below 8cents.........some techni OK......let's get serious about Powerlan ;o)
Bonkers and the PWR followers have been using their bulls#it Fibonacci retracement levels to buy in all the way from 90c down to 9c...............so that doesn't work.
Just revisited the chart (and anyone who's bought in the last 2 years as an investment has lots of courage.....to put it nicely) and there is a definite head and shoulders pattern formed between late 99 and late 2000 with a neckline at 90c. This should provide a reliable guide..........
Now......using head and shoulders theory we subtract the neckline value from the top (3.15-90c) which gives us 2.25.................we then subtract this from the neckline to give a price target on the downside.
So.....0.90-2.25= negative $1.35. :o)
ED.
- Forums
- ASX - By Stock
- PWR
- Will not fall below 8cents Ha Ha Ha
Will not fall below 8cents Ha Ha Ha
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PWR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.25 |
Change
0.000(0.00%) |
Mkt cap ! $387.5M |
Open | High | Low | Value | Volume |
$2.24 | $2.26 | $2.24 | $32.44K | 14.41K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20081 | $2.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.26 | 5357 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20081 | 2.250 |
3 | 13142 | 2.240 |
3 | 4992 | 2.230 |
6 | 33576 | 2.220 |
10 | 31672 | 2.210 |
Price($) | Vol. | No. |
---|---|---|
2.260 | 5357 | 9 |
2.270 | 5630 | 4 |
2.280 | 153 | 3 |
2.290 | 312 | 2 |
2.300 | 20044 | 4 |
Last trade - 12.36pm 19/03/2024 (20 minute delay) ? |
|
|||||
Last
$2.26 |
  |
Change
0.000 ( 0.94 %) |
|||
Open | High | Low | Volume | ||
$2.25 | $2.26 | $2.25 | 8904 | ||
Last updated 12.40pm 19/03/2024 ? |
Featured News
PWR (ASX) Chart |