The weekly trend for example has become very clear..
Trendline break
Retrace to the 9 above 13 ema pair
Bounce and test of the 1st 62% Fib at 094c
MACD across the axis line
We also have the next 62% Fib of 14.7c if over the next days to weeks closing price can hold well above 094c
Daily chart is also showing that both the daily and weekly MACDs are potentially about to trend in unison from around the axis line this a"compound momentum" event and happens if the 62% Fib resistance level gets clearly taken out.... a very bullish spot on the chart.
Weekly and Daily charts below.
TA only, page-1424
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Last
3.3¢ |
Change
0.001(3.13%) |
Mkt cap ! $111.2M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.4¢ | 3.3¢ | $67.83K | 2.054M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 254456 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 1556167 | 6 |
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| Last trade - 15.23pm 27/09/2024 (20 minute delay) ? |
| MAY (ASX) Chart |