Interesting setup, have been oscillating from peaks to the EMA 40 and 50over the past 2 years or so, if this is a turning point, it makes for an interesting one. As it is on a weekly close/ open, if we turn now, we do so on a higher low than the previous cycles high. The last time that happened, the stock ran from the 30's to 70c.
Just purely opinion at present, but looking to hold a close of 62.5c this week, with a higher low next week, as well as looking for that MACD to cross into positives and the momentum to swing to buy.
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Last
57.8¢ |
Change
0.003(0.43%) |
Mkt cap ! $196.6M | |||
| Open | High | Low | Value | Volume |
| 59.0¢ | 59.0¢ | 56.0¢ | $44.41K | 77.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8004 | 57.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.5¢ | 3249 | 2 |
View Market Depth
| Last trade - 11.54am 24/07/2024 (20 minute delay) ? |
| QGL (ASX) Chart |