hey Patrick, yeah sure thing. The price has reached the upper limit of a near term acceptable market cap .(I suspect this stock will attract buyers between 600M-800M cap trading range). what this means is those who were buyers are also sellers. this is the nature of trading. One can place a large order at lower range picking suitable resistance levels, and sell off risk for profit (higher prices). if you want to see this in it's all its perfect glory use a logarithmic adjusted price range and place the trend line (see attached picture) notice where the next resistance level is, sitting around $6.80.
if this company doesn't make any fundamental annoucements or changes then I'm expecting a fair bit of trading around these levels... we will see.
however, this stock is fundamentally bullish since late 2013..![]()
EOS Charts, page-7
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Last
$1.43 |
Change
-0.045(3.06%) |
Mkt cap ! $274.9M |
Open | High | Low | Value | Volume |
$1.48 | $1.52 | $1.40 | $1.632M | 1.127M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 2986 | $1.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.43 | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2525 | 1.400 |
4 | 22941 | 1.390 |
2 | 12438 | 1.385 |
3 | 3758 | 1.380 |
2 | 76944 | 1.375 |
Price($) | Vol. | No. |
---|---|---|
1.425 | 10000 | 1 |
1.430 | 7860 | 10 |
1.440 | 25000 | 2 |
1.465 | 8769 | 1 |
1.500 | 5000 | 1 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
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