ASX:CHM - CHIMERIC THERAPEUTICS LIMITEDAscending triangle formation is clearly visible. IMO - there is a bit of swing possible still but a good entry point if it breaks 0.345.
$0.345 has been a good resistance level for CHM and can be quite visible.
Fib levels also looking good, breaking the triangle formation, it could go upwards and onwards to R1 and R2 levels.
There is still a bit of swing possible before it can break 0.345.
I would think for day trading break of 0.345 would be a good entry point. However, if you are swing trader or long investor, this is a good channel to get into this stock.
Feedback appreciated.
Thanks
Akki
