Word: It doesn't look like a bottom to me, just a test of support. Look at the HUI chart, which is 114% of its 200dma. The last 5 bottoms have been 103, 84, 93, 85%. HUI corrections usually occur in 2 stages with a consolidation half way down to draw in and fleece the novices. The last such consolidation (Nov-Dec 2007) took 4 weeks to play out.
crushed by margin call sellers, page-9
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Last
$1.49 |
Change
0.080(5.67%) |
Mkt cap ! $181.8M | |||
| Open | High | Low | Value | Volume |
| $1.43 | $1.49 | $1.43 | $4.785K | 3.241K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4000 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.54 | 1708 | 1 |
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| Last trade - 15.54pm 02/08/2024 (20 minute delay) ? |
| LGL (ASX) Chart |