The buying depth has been added up by more than 15M today. Great to see this as Buyers Sellers ratio considered one of the most powerful indicators that been used to predict the SP at least in the short term.
The depth is now 3:1 (Buyers:Sellers) which's great.
Looking forward to next week, I can't see it drop below 3c at all IMO, Hopefully !!!
It's still a HOLD for me from TA perspective, will change to BUY when close above 62% Fib @3.5 for two consecutive days as mentioned before with potential target around @6.0c
All IMHO, Please DYOR
(THIS IS NOT A FINANCIAL ADVICE)
#S88
Ann: Change in substantial holding, page-21
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| TMZ (ASX) Chart |
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