Yes the Gap at 1.305 was closed. So I have included a basic chart update:
- The orange circle is the Gap which is technically covered as the high on April 11 was 1.305. Today we touched 1.305.
- Momentum indicators in RSI and Macd are still not overbought and there is room to move much further.
- The uptrend channel (yellow highlight) since the breakout (blue highlight) in which the lower band is potentially the main support of Wave 3. It doesn’t need to re-enter this channel now but it is an important line that needs to act as support and at the right gradient for a substantial move and support up.
- Ideally, we do not re- enter the yellow channel and we hover around the bollinger upper band and track the upper line of the channel. We closed on that today.
- What I hope happens tomorrow is to hold above that upper line of the yellow highlighted channel and not re-enter the channel. Re-entering is not an issue, but it just adds extra layer of resistance to work through.
- we have horizontal resistance around the 1.40 levels. The urgency of the buying or consolidation above the channel will set it up to a nice retest of 1.42
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Last
$1.35 |
Change
0.050(3.85%) |
Mkt cap ! $81.68M |
Open | High | Low | Value | Volume |
$1.31 | $1.35 | $1.30 | $70.23K | 52.92K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | $1.34 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.36 | 300 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 1.340 |
1 | 2100 | 1.335 |
2 | 3775 | 1.330 |
1 | 4306 | 1.315 |
5 | 17341 | 1.310 |
Price($) | Vol. | No. |
---|---|---|
1.350 | 4322 | 1 |
1.360 | 9254 | 2 |
1.370 | 15000 | 1 |
1.385 | 3000 | 1 |
1.395 | 4000 | 1 |
Last trade - 10.43am 02/05/2024 (20 minute delay) ? |
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Last
$1.34 |
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Change
0.050 ( 3.08 %) |
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Open | High | Low | Volume | ||
$1.32 | $1.35 | $1.32 | 20077 | ||
Last updated 11.04am 02/05/2024 ? |
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