I would be interested in feedback on this one
Today we have retraced straight back up the trend line from which we fell.
In other words all the oversold indicators sent out a screaming buy. This was then combined with low supply in the 6's as holders stuck to their guns
Indicators remain well out of overbought territory, and MACD continued to build strength into the close
I am no TA wiz, but tree shake followed by technical bounce for me
Seems that 6's are only short term with no real resistance line till Mid 7's at least
afternoon chart 16.6 , page-2
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $318.4M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $713.2K | 6.984M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 91 | 11502530 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 2697860 | 27 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| PEN (ASX) Chart |