Well I'm thinking of changing my short term prediction here (which I don't usually do) ... What's bothering me is the uniform drop in daily volume which you usually see on a retrace in price... however we are seeing it as the price marks time at 14-15c ...
... my interpretation is that this marking of time rane "could" be the extent of the retrace ... Seems less and less buyers are willing to come down to trade at these prices ....And the volume trend downwards suggested soon there will no sellers willing to come down... There is a chance here that we may a have already seen the bottom of the dip! In which case I have massively underestimated the strength of the buyer group
Not totally convinced but probability seem to be swinging hard in that direction ATM
All is IMHO DYOR
chart, page-21
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Last
5.0¢ |
Change
-0.001(1.96%) |
Mkt cap ! $37.00M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 5.1¢ | 5.0¢ | $61.41K | 1.222M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 462354 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 450000 | 1 |
View Market Depth
| Last trade - 15.12pm 30/07/2024 (20 minute delay) ? |
| CTP (ASX) Chart |