Here is my Chart Analysis
Feel free to add to it or point out any incorrectness
Bearish (1 Hour T/F)
- Today's candle closed under the 5, 9, 20 and 50 DMA's
- RSI Dropping
First of all, Which channel of the below two channel charts is correct ? Or is it neither? Will let you decide.
Bullish (Daily Time-frame)
- Upward trending channel still intact
Bearish (Daily Time-frame)
- Upward trending channel broken
- RSI Dropping
Bullish (Daily Time-frame)
- Tuesday's candle: 20 DMA crossed above the 50 DMA
- Today's close of $1.32 sitting on the 9 DMA (Some bullishness)
Observations/ Questions:
- Will the 9DMA be respected?
- Has the 9 DMA been respected in the past as strong support?
Bullish (Weekly T/F)
- currently above all MA's.
Bearish (Weekly T/F)
- Above average volume ended in the red
- RSI Dropping
Potentially Bearish/ Resistance (Weekly T/F)
- The 5 WMA rising and touching the 20 WMA for the first time (on a rising trend) since July, 2023
Potentially Bullish(Weekly T/F)
- If the 5WMA crosses above the 20 WMA, it will be the 1st time since late January
Observations/ Questions:
- After 12 Weeks of the 5, 9 and 20 MA's acting as resistance, will theses MA's now provide strong support? Seems Bullish.
- The 9WMA currently sits at $1.24
- Will find support on the 20 WMA? ($1.28)
Bullish (Monthly T/F)
- currently above all MA's
- RSI Rising
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Last
78.0¢ |
Change
0.025(3.31%) |
Mkt cap ! $51.41M |
Open | High | Low | Value | Volume |
77.0¢ | 78.0¢ | 76.0¢ | $23.14K | 29.92K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 9999 | 76.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
79.0¢ | 8850 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 9999 | 0.760 |
1 | 24997 | 0.755 |
4 | 48500 | 0.750 |
2 | 10700 | 0.740 |
1 | 5633 | 0.710 |
Price($) | Vol. | No. |
---|---|---|
0.790 | 8850 | 1 |
0.805 | 23609 | 2 |
0.850 | 4800 | 1 |
0.860 | 8893 | 1 |
0.900 | 19938 | 1 |
Last trade - 14.59pm 30/08/2024 (20 minute delay) ? |
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