Unusual to see the same close on 4 successive trading days. Looking back at the congested price action from early March it wouldn't be too outlandish to draw a conclusion that there could still be some supply to be dealt with.
The steady growth in volume over the past 7 trading days is positive, particularly with 5 successive days of green. Hoping for some follow through on Tuesday but there wasn't enough volume to sustain the momentum from Friday. I find it difficult to contemplate that this arm wrestle will just meander along, something usually snaps one way or the other when the SP becomes congested like this. I still feel somewhat more bullish than bearish in the circumstances taking into account the preceding solid bullish activty on Thursday and Friday last week.
Daily COB May 24th
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.49M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 1494467 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 255644 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 1494467 | 0.008 |
6 | 3850194 | 0.007 |
3 | 414667 | 0.006 |
1 | 300000 | 0.005 |
1 | 500000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 255644 | 2 |
0.011 | 986958 | 3 |
0.013 | 240000 | 1 |
0.014 | 134311 | 1 |
0.015 | 1200 | 1 |
Last trade - 10.49am 29/08/2024 (20 minute delay) ? |
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