Happy to share my thoughts MD. 88E has been range bound since early July (ie. bouncing between overhead resistance at 2.3c and recent support at 1.5c), as indicated by the thicker lines I've drawn on the chart below (arrows down indicate overhead resistance at 2.3c and arrows up indicate support at 1.5c). All of the other indicators I use such as Money Flow, CCI, RSI, MACD and Momentum are on the way up despite a declining share price (this is known as divergence, which is a very positive sign compared to the actual direction of the share price). I suggest Acorn Wealth to educate yourself on support, resistance, trends, etc - http://www.acornwealthcorp.com/ (he's an Aussie from the Gold Coast who now lives in Canada and is brilliant IMO)
Cheers,
MM
Great riches, page-14
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 (20min delay)
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $86.67M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $10.05K | 3.566M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 152 | 214316072 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 581110328 | 194 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| 88E (ASX) Chart |