Your verdict was not quite correct.
From the chart below, the SP has been in a relatively long 5 week consolidation trading between 25.5c and 26.5c. Finally resistance at 26.5c was broken on an increased trading volume today. As per the chart, the next target is 30c.
Chart, page-1528
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 (20min delay)
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Last
28.8¢ |
Change
0.013(4.55%) |
Mkt cap ! $205.3M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 29.0¢ | 27.0¢ | $593.9K | 2.120M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 128780 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 371007 | 13 |
View Market Depth
| Last trade - 14.27pm 27/09/2024 (20 minute delay) ? |
| FEX (ASX) Chart |