EXT 5.00% 1.1¢ excite technology services ltd

Here's the daily chart. [ATTACH] Aggressive bull flag break on...

  1. 177 Posts.
    Here's the daily chart.

    upload_2016-2-3_17-44-27.png

    Aggressive bull flag break on high volume, and I still maintain my measured move upto circa $0.45 based on the pole. Please note that there is a bit of overhang that has been gradually cleared the last two trading days (including today) as there were quite a few locked in the wrong side and probably used the news/ann as an opportunity to exit.

    Both yesterday and today were dominated by buyers who essentially have continued absorb this supply, this is further validated by the TMF turning up above the zero line. It'll be interesting to see what happens tomorrow as this current price appeared to be a supply range, but I get the feeling it might just be about exhausted or if not very close to been fully absorbed and price to trend up.

    Today's bar is is also a bar of strength...a hammer, on a day where the broader index was getting savaged buyers happily stepped in and supported price. It's closed on almost its high with a pin formed and hopefully this will catapult price higher.
 
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Last
1.1¢
Change
0.001(5.00%)
Mkt cap ! $15.27M
Open High Low Value Volume
1.0¢ 1.1¢ 1.0¢ $12.02K 1.162M

Buyers (Bids)

No. Vol. Price($)
1 1000000 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 2169951 8
View Market Depth
Last trade - 14.58pm 03/05/2024 (20 minute delay) ?
Last
1.1¢
  Change
0.001 ( 10.0 %)
Open High Low Volume
1.0¢ 1.1¢ 1.0¢ 373611
Last updated 14.25pm 03/05/2024 ?
EXT (ASX) Chart
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