It's been a fast and furious run up from 35 cents to major resistance and it's difficult to say where we go from here in the near future. We don't have a real trend in my opinion, just had a strong rally which broke a 1.5 year down trend and now we're back towards the top of a trading range.
So whilst it would be great if we could break up over 60 cents in the very near future I am prepared (mentally more than anything else for peace of mind) for hopefully nothing more sinister than a sideways consolidation period that could last anywhere from weeks to a few months. This could easily turn into something messy and frustrating particularly when you watch it too closely - just when you want it to break out they pull it back in !
You just don't know when the break out is going to occur until it does.
September Charts, page-799
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Last
$2.99 |
Change
0.010(0.34%) |
Mkt cap ! $9.000B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.01 | $2.89 | $104.7M | 35.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11874 | $2.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 65336 | 3 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |