The current price action looks like accumulation to me. Not 100% sure because there’s not enough trading since it hit 0.006 but it looks like it. I would need another month or two of trading to be sure though. I don’t trade fundamentals but Green Bull makes such a heck of a noise it’s hard to ignore!
There is also an inverted head and shoulders in there. I wouldn’t have expected a pattern like that here; mainly just long accumulation patterns. The 50MA is about to cross the 200MA also on the weekly so this could give it a heck of a boost. Might get a little lick down to 0.005 but if there is anything more than that I would get seriously worried.
The current price action looks like accumulation to me. Not 100%...
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $59.72M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.7¢ | 1.6¢ | $95.75K | 5.977M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500000 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 2207951 | 8 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
1.6¢ |
Change
0.000 ( 6.06 %) |
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| Open | High | Low | Volume | ||
| 1.6¢ | 1.7¢ | 1.6¢ | 3383255 | ||
| Last updated 15.54pm 03/05/2024 ? | |||||
| DRE (ASX) Chart |