Actually agree to some extent with your analysis.
From a TA perspective the follow through above 20 cents was weak and hence it could drop further.
Was disappointed to not see it continue. Feels like a few holders are just trying to hold it around this level until it's ready.
If trading on a short term time frame then this could be possible.
I guess everyone works on different time frames, the problem is once the money finally comes (which it does with this stock quite quickly) you could be left behind. Come June though I don't see it staying at these levels.
We should welcome all opinions!
Cheers
Actually agree to some extent with your analysis.From a TA...
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Last
22.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $346.5M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 21.5¢ | $556.8K | 2.564M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 188599 | 5 |
View Market Depth
| Last trade - 16.10pm 30/04/2024 (20 minute delay) ? |
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Last
21.8¢ |
Change
0.000 ( 1.09 %) |
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| Open | High | Low | Volume | ||
| 22.0¢ | 22.0¢ | 21.5¢ | 1397313 | ||
| Last updated 15.59pm 30/04/2024 ? | |||||
| BOT (ASX) Chart |