Have to agree YT ... This is still looking very bullish. After 50% movement on friday, consolidation from profit takers is to be expected.
If anyone is interested in looking back at a very liquid stock that had similar initial movement check out the oil share - EGO mid 2007.
It also had a long sideways channel broken by massive volume (looks small now compared to following weeks) The volume was huge on the first leg up and then big volume swings as it consolidated around that first 50% move.
IMHO with news on its way this will move very strongly again as traders scramble to get back in if it breaks the key .08 /.09 resistance level .... This will be helped by the momentum push from fridays unprecedented volume clearing out the old wood and that it will be breaking into a gap so there will be no psychological price barriers till it reaches 3c
Good luck to holders
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Last
3.0¢ |
Change
0.001(1.72%) |
Mkt cap ! $17.29M |
Open | High | Low | Value | Volume |
3.0¢ | 3.0¢ | 3.0¢ | $2.113K | 70.44K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 218573 | 2.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 157092 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 218573 | 0.029 |
1 | 200000 | 0.028 |
4 | 567185 | 0.027 |
2 | 272307 | 0.026 |
3 | 1326923 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 157092 | 1 |
0.034 | 10000 | 1 |
0.035 | 444120 | 5 |
0.036 | 191451 | 4 |
0.037 | 100000 | 1 |
Last trade - 15.44pm 18/10/2024 (20 minute delay) ? |
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CND (ASX) Chart |