yes I think you are probably both correct ..... a rising wedge pattern should be good for the short term traders ?
i have been wrong about this company's performance all along. Even today it feels like it is not pushing as strong as i would like. I would have thought good exploration news would leed to 3 days of price rise, largest rise (second day) today, peaking on the morning of the third day.
Since we have had the new management the stock has just been flattish. Some would say typical orphan period after ann9uncement of large maiden resource. However, it seems good news has not been shouted out like it normally would and waiting has been the theme of the last 2 years.
I personally think the share price has been saved by thr gold price rising.
just my opinion so do your own research.
yes I think you are probably both correct ..... a rising wedge...
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $433.4M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 18.5¢ | $169.2K | 902.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 249994 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 124307 | 4 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
18.5¢ |
Change
-0.005 ( 2.63 %) |
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| Open | High | Low | Volume | ||
| 19.0¢ | 19.0¢ | 18.5¢ | 2161368 | ||
| Last updated 15.52pm 30/05/2024 ? | |||||
| PDI (ASX) Chart |