One has to be very careful of computer generated patterns. There's nothing more powerful (and flawed) than the human brain.
Value investors may be happier to buy CVT the cheaper it becomes.
If I were bottom picking, I'd want to see some consolidation first. If I were momentum trading, I'd want to see a move past the mid 50's. I'd be paying more but I'd also be buying into a stock that's moving up with a resumption of the uptrend.
The further a stock pulls back, the more effort that is required for it to move up. We're seeing this with 'that' other stock.
Remember, there's a couple of gaps further down. While not all gaps are filled, I notice that when price is moving down towards one, then there is a greater chance of it being filled. Not guaranteed, but odds move in it's favour.
Bullish Chart, page-3
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.22M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 8421290 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 439058 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 8421290 | 0.010 |
7 | 5717366 | 0.009 |
9 | 5992440 | 0.008 |
7 | 3620863 | 0.007 |
2 | 452276 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 439058 | 1 |
0.012 | 8641691 | 8 |
0.013 | 4027200 | 5 |
0.014 | 1071428 | 2 |
0.015 | 1324179 | 2 |
Last trade - 12.02pm 09/09/2024 (20 minute delay) ? |
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