I don’t see the double bottom yet ..... why is this being talked about at this stage ?
On the 24th of feb week 2020 this was an obvious short with the covid effect and falling oil/ gas prices, like many other covid affected stocks. However whilst a lot other stocks recovered from the covid affect COE continued to make new lows until the first week of Nov. 2020 when it began to trend upward again during the week of the 9th of nov. 2020 finding some support of the 30-31 cent level and began a short upward trend into the high 30’s with resistance at .395 ish , and on the 27 th of jan2021 made a clear break below the parallel bars to signal another test of a new support level ..... so here we are at 30.5 cents and the weekly chart looks dreadful as it is now signaling the start of an entire new episode of what could be tests of .25 cents and at worst case a test of .19 cents if an all out panic occurs and then .125
How can anyone suggest a double bottom at this point in the charts as it is too early to suggest such imo ?
I would like a clarification from this company soon as these issues at present are doing little more than creating speculation which is driving the share price down continually and it is a shorters/takeover target dream come true![]()
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Last
22.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $580.8M |
Open | High | Low | Value | Volume |
22.5¢ | 23.0¢ | 22.0¢ | $455.3K | 2.038M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 736972 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 150000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 584572 | 0.220 |
7 | 1309788 | 0.215 |
12 | 923455 | 0.210 |
7 | 239718 | 0.205 |
10 | 508300 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 150000 | 1 |
0.230 | 181959 | 4 |
0.235 | 835243 | 19 |
0.240 | 2841107 | 24 |
0.245 | 432534 | 10 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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COE (ASX) Chart |