There is a very delicious pennant/wedge formation on the AZY daily chart.
The chart is now in the 'sweet spot' for a breakout (as opposed to the wet spot, lol).
It should move upward either today or Monday/Tuesday next week. Obviously we have pending news which would be the catalyst, but I would expect a possible breakout before news arrives as a bit of FOMO creeps in.
Look for increasing volume soon without a movement in price to signal the start of the breakout.
the breakout target is 2.7c, there is however potential resistance at 2c.
Best of luck
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Last
1.5¢ |
Change
0.001(7.14%) |
Mkt cap ! $69.14M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.5¢ | $65.77K | 4.490M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 4389825 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 12263172 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 4389825 | 0.014 |
13 | 9836715 | 0.013 |
13 | 6861578 | 0.012 |
20 | 5844588 | 0.011 |
26 | 10212988 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 12263172 | 18 |
0.016 | 5089031 | 6 |
0.017 | 4725350 | 6 |
0.018 | 2104143 | 12 |
0.019 | 1994805 | 5 |
Last trade - 13.51pm 12/09/2024 (20 minute delay) ? |
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AZY (ASX) Chart |