For those interested in charts, above is 4, 1 and 2 hour charts respectively. They all show price action, while holding steady is converging with or hitting 9 day EMA and inside lower BB, indicating strong support for current price. Volume is decreasing, though still strong, showing selloff is weakening and cheap shares are still being soaked up. So although current price action is not over yet, an early picture is forming and the next few days will provide much more confidence IMO. MACD has turned positive or creeping that way. RSI has moved out of OS or heading close to it, depending on timescale you look at.
Below, the 1 day chart has show our first green day since the ANN even after opening higher than Friday close. It may not seem like much, but it's only beginning and of course it must proceed with baby steps especially if big players are still soaking up the bargains. Looking forward to seeing more of a convergence with the EMA and a tightening of the BBs in the coming weeks. I can see the MACD heading towards crossover in the next week or so, best case testing the 14c open after ANN by end of week.
Any comments would be welcome,
Cheers
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Last
37.0¢ |
Change
-0.010(2.63%) |
Mkt cap ! $671.1M |
Open | High | Low | Value | Volume |
38.0¢ | 38.0¢ | 37.0¢ | $1.949M | 5.207M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 163455 | 37.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.5¢ | 33207 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 130837 | 0.370 |
10 | 99517 | 0.365 |
16 | 271384 | 0.360 |
7 | 220353 | 0.355 |
26 | 1051912 | 0.350 |
Price($) | Vol. | No. |
---|---|---|
0.380 | 44778 | 1 |
0.385 | 245000 | 3 |
0.390 | 10960 | 1 |
0.395 | 123443 | 3 |
0.400 | 179748 | 4 |
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