EXT 0.00% 0.8¢ excite technology services ltd

haywood report, page-19

  1. 3,704 Posts.
    BB,

    You will benefit from hitting the ignore button, less annoying buzzing to distract you.

    As far as TA goes I think the share price is due for consolidation, there's no way that a stock, any stock, can keep rising endlessly.

    Personally I think we will travel sideways for a few trading days whilst the bollinger bands tighten. We also need to see the RSI drop back below the overbought line and the slow stochastic drop back all the way to the oversold line.

    My guess is four to six trading days where it will meander and maybe drop back to $2.50, maybe stick to $2.60 roughly.

    When it jumps on the next upswing it will break $3 easy.

    Having said all that, the real value is in the offers that will come. The first of those will most likely start at $7 before being rejected by all major holders.

    The problem with trading the stock is that you can't guess when it will go into a trading halt and when it re-opens it will open at least at the offer price. You could easily miss out on 100% or 150% rise overnight.

    My advice is buy it and then wait patiently. The odds are extremely high that you will be glad that you did.
 
watchlist Created with Sketch. Add EXT (ASX) to my watchlist
(20min delay)
Last
0.8¢
Change
0.000(0.00%)
Mkt cap ! $11.79M
Open High Low Value Volume
0.8¢ 0.8¢ 0.8¢ $21.1K 2.637M

Buyers (Bids)

No. Vol. Price($)
10 3017762 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 2462467 2
View Market Depth
Last trade - 12.35pm 08/08/2024 (20 minute delay) ?
EXT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.