I would think it is reasonable to expect the uptrend line drawn to be a significant level now. Numerous touches. It is converging with the upper trendline so I expect this to be resolved sooner rather than later, a break above or below. FA recently supports a break above. If it breaks above there will be scope to draw another trendline. I have inserted another modest upper trendline to create a channel. Depending on the breakout (if its up) will determine where this upper channel is placed. These lines are subjective but they give some perspective to a trend.
I have also added an accumulation/distribution indicator below. It supports continued accumulation, especially during May where there appears to be a small divergence. That is Acc/Dist indicator trending up and price down so far from previous peak on 10/5 of $1.315. See small orange lines.
Hope this makes sense. Apologies if it doesn't. Its just how I process and what makes sense to me. It's also what I'll use to have a guess at end of year tipping comp. A range so to speak.
I used the bottom trendline recently to recommend an entry for some family. Very happy it held and progressed. Exits, that's harder.
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Last
$3.00 |
Change
-0.080(2.60%) |
Mkt cap ! $9.032B |
Open | High | Low | Value | Volume |
$3.04 | $3.05 | $2.97 | $55.47M | 18.46M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 980 | $3.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.01 | 39640 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 980 | 3.000 |
15 | 86259 | 2.990 |
16 | 537750 | 2.980 |
16 | 356006 | 2.970 |
10 | 71774 | 2.960 |
Price($) | Vol. | No. |
---|---|---|
3.010 | 39640 | 5 |
3.020 | 448805 | 7 |
3.030 | 34412 | 6 |
3.040 | 79120 | 7 |
3.050 | 38877 | 6 |
Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
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