shimmer, you should care - why? Because it (a) cost you as a shareholder (b) changed the market capitalisation / registry structure significantly. To not care about this aspect is in my opinion not fundamentally smart, 'everything has significance'!
Wilson the volume upon a 24.5c breach (on balance i.e. distributed outside of LTs) will need to be greater than retrace since the fallback from 36.5c to determine a 'true' head and shoulders reversal. I have come up with a rough guesstimate of about 4.5m shares?
And, of course in my time the head and shoulders pattern (whether bearish or bullish) is one of the most powerful trend reversal patterns - the other is insider information YET we all know that does not exist and is merely a conspiracy theorists view of the world (lol)
NL
chart, page-119
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.108M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 135482 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 383532 | 1 |
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| Last trade - 16.12pm 15/08/2024 (20 minute delay) ? |
| SBR (ASX) Chart |
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