Yes, it is starting to look like what I call a "gutter" formation whereby an excessive price drop follows negative news and then bounces back. Such charts look to me like price falls into a gutter, then crawls along bottom for a while, then climbs out of it again. They can be good money makers.
Start Buying?, page-446
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 (20min delay)
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Last
37.8¢ |
Change
-0.003(0.66%) |
Mkt cap ! $399.8M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 38.5¢ | 37.5¢ | $549.1K | 1.454M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 239632 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 146405 | 9 |
View Market Depth
| Last trade - 13.30pm 15/10/2024 (20 minute delay) ? |
| CAJ (ASX) Chart |