I struggle to see how he nailed it. He suggested that low volume last week somehow suggested insider knowledge about bad news. He pretty much just guessed it would hit 12 cents.
A good technical analyst includes outlooks on both upwards and downwards movements. All HooHoo did was try to look like he knew his stuff by using a few TA terms. In reality he didn't really know what he was saying so instead threw a low number out there to try and scare readers. Poor form mate, poor form.
dissapointing result on first target, page-15
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $59.71M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 9.9¢ | $110.9K | 1.087M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 39990 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 170200 | 3 |
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| Last trade - 14.59pm 30/08/2024 (20 minute delay) ? |
| ADX (ASX) Chart |