These are downside targets I never thought would be seen again yet here we are.
I do a lot of symmetry work with price patterns and have looked at the chart this morning (in desperation probably !! ), to try and find something positive to add to the conversation. I'm using weekly charts here though which means if this is going to recovery it's going to be a very slow process - too much damage has been done now on the dailies. So anyway to keep it short and simple as I'm sure most are in no mood for anything else, symmetry in the form equality off the October 2018 highs comes in at 2.5c, and this has confluence with the next line of support at 2.4c. So technically buyers should return here. I think buyers are going to need to be dragged in though, and this generally happens post a very swift dump down to these numbers on high volume, not the slow painful process that is going on at the moment. Wouldn't mind seeing this happen today as a swift spike lower - we have the volume substance already in place. Outside this - thoughts and prayers (that MA is sacked !) E.
- Forums
- ASX - By Stock
- OEL
- technicals (for what its worth)
technicals (for what its worth)
- There are more pages in this discussion • 140 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OEL (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $62.33M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.3¢ | $10.82K | 832.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 2688085 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 7217741 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 1908085 | 0.013 |
8 | 6805305 | 0.012 |
4 | 5690999 | 0.011 |
3 | 683416 | 0.010 |
2 | 245123 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 5574095 | 11 |
0.015 | 4178353 | 11 |
0.016 | 1114289 | 3 |
0.017 | 3613248 | 5 |
0.018 | 349362 | 3 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
Last
1.3¢ |
  |
Change
-0.001 ( 7.14 %) |
|||
Open | High | Low | Volume | ||
1.3¢ | 1.3¢ | 1.3¢ | 33525 | ||
Last updated 15.59pm 03/05/2024 ? |
Featured News
OEL (ASX) Chart |