Unequivocal break of medium term downtrend.
At open the market had no idea what to do with price - you could see the indecision.
Now we will hover around prior resistance at 60 odd cents, perhaps retrace to the break, but I suspect as news comes out later this week on specs as the Company has promised, this goes higher. $1 is my short term target, but I think there is a good chance we go though that within 6 months. Fair bit of resistance to chew through as the longer term chart looks like a very long head and shoulders pattern.
Right sector, right time. Tailwinds are with this one
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Last
23.0¢ |
Change
-0.010(4.17%) |
Mkt cap ! $58.61M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 25.0¢ | 23.0¢ | $105.7K | 449.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 9000 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 35181 | 4 |
View Market Depth
| Last trade - 15.27pm 23/06/2025 (20 minute delay) ? |
| AXE (ASX) Chart |