Yes, it is looking good.
I think the recent slump was due to three things.
1. Weak hands selling due to trader profit-taking
2. The one analyst following this recently downgraded from a strong buy to a mod-buy a week ago. ( I don't know who the analyst is, however can be seen on comsec research)
3. Some fledgling competition perhaps?? see: http://www.nzherald.co.nz/northern-advocate/news/article.cfm?c_id=1503450&objectid=11354789
The bullish signs are back in and the trend remains intact, as suggested a few days ago.
Run to 10c, page-2
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Last
25.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.33M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 25.5¢ | 25.5¢ | $10.06K | 39.48K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 60000 | 1 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
| CSS (ASX) Chart |