Lots of speculation, all very positive and hopefully we will see the current bullish looking price action continue and accelerate, the odds are petty good that it will. However don't get too carried away by the HT commentary, it is just a snapshot of a relatively smallish bunch of retail holders and not necessarily reflective of the wider AJX community, particularly the institutional holders and some larger retail holders.
There is a good chance that we will see the SP appreciate in the short term and long term, the fundamentals are pointing that way. However take into account that the price could also go south even after an early jump, it does surprisingly often on what seems unassailably positive news. It only needs an institutional holder or two deciding to sell into the rise. Plus with a lot of price history around 90 cents expect a lot of stops to be clustered in that area as well as well as the potential for ambush stops around the $1 level..
I don't want to rain on the parade but I have been doing this stuff for a long time and have learnt not to take these moments for granted. Be prepared and think about what you might do if the price goes the wrong way.
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Last
1.0¢ |
Change
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Mkt cap ! $15.62M |
Open | High | Low | Value | Volume |
0.9¢ | 1.0¢ | 0.9¢ | $1.321K | 144.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 700627 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 894264 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 700627 | 0.009 |
5 | 4595647 | 0.008 |
3 | 349012 | 0.007 |
3 | 544500 | 0.006 |
1 | 300000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 894264 | 1 |
0.011 | 1025000 | 3 |
0.013 | 240000 | 1 |
0.014 | 134311 | 1 |
0.015 | 431158 | 2 |
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