Have not followed this stock closely in recent time but a friend asked how it looks on the charts and post some research this thing looks very bullish.
Appears to be breaking out of a multi-yr descending triangle which is one of the stronger set ups to trade.
Move down seems to have a good amount of price overlap as well which could indicate the move down has been corrective meaning there's some chance higher price levels will eventually be reclaimed.
First hurdle will be to take out the early 2020 high at 2.7c. Will be interesting to see how this one pans out.
MK
#DYOR.
88E Chart
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 (20min delay)
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $86.67M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $27.94K | 8.421M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 600 | 589186135 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 521341906 | 138 |
View Market Depth
| Last trade - 15.59pm 15/05/2024 (20 minute delay) ? |
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Last
0.3¢ |
Change
-0.001 ( 14.3 %) |
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| Open | High | Low | Volume | ||
| 0.3¢ | 0.4¢ | 0.3¢ | 7222865 | ||
| Last updated 15.38pm 15/05/2024 ? | |||||
| 88E (ASX) Chart |