Same sellers are capping the price at 3c and 3.1c today. Trying to accumulate at 2.9c one last time before the break out. It also happens to be the previous high and RSI is at 65. They don’t wanna increase the price any higher before the accumulation is done.
It’s obvious if you just look at the number of sellers (36 and 23 for 2.9c and 3.0c respectively (yesterday) compared to 32 and 18 for 3.0c and 3.1c today with similar volume(same ppl))
Once they are happy with their holdings they will remove fakes sells and send it higher. Not long now.
Not a financial advice not a wild guess but just too obvious.
GLTAH
Boom!! Just a matter of time!, page-93
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Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $138.1M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.6¢ | $31.38K | 1.963M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 73 | 16062227 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 7671052 | 6 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| AVL (ASX) Chart |