'56 ... "old bean"
(You might not like what I think.)
Big picture - it's had its' five cycle wave and we're now between cycles deciding whether it's going to make a U or a V. If a U, the support at 17 (or maybe as low as 16) should hold but if a V, a measured move would be 13.5c.
Very good support at 17c - so far.
On the chart below ... you can see points A,B and C ... all spikey candlesticks after a period of lower SPs and falling volume - so the exact candlestick was due around here. Spikey top after consolidating on support with volume diminishing.
So when it opened at 17/17.2/17.5 with near no buyers or sellers at 17.5 and volume struggling at under 1m after an hour of trading I thought today could be the day. A 900k buy at 17.5 took out 600+k sellers (plus a few more over 3-5 minutes) then triggered further buying to 19.5. So a sell at 19c stopped the buying and it consolidated back at 18.5.
There is no news, no leaks ... it's just like a sprint lineup and someone broke early to encourage the others to do so also.(A mini-FOMO)
Depending on the US it should now consolidate back to 17c and depending on time and news, either decide to hang around 17c and make a U or go lower for a V.
(If more/significant patent news comes out ... well all bets are off.)
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Last
9.2¢ |
Change
0.004(4.55%) |
Mkt cap ! $162.2M |
Open | High | Low | Value | Volume |
9.0¢ | 9.2¢ | 8.8¢ | $233.1K | 2.574M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 9.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.2¢ | 1281 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.091 |
2 | 157000 | 0.090 |
3 | 430000 | 0.089 |
8 | 995819 | 0.088 |
3 | 372471 | 0.087 |
Price($) | Vol. | No. |
---|---|---|
0.092 | 1281 | 1 |
0.093 | 138753 | 2 |
0.094 | 410000 | 2 |
0.095 | 783512 | 4 |
0.096 | 892956 | 7 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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