I had expected the main part of the rally today, as stated in my original post, but price moved considerably yesterday already which increases the outlook of volatility today and hence some caution.
The buying at the end of session yesterday was too greedy to be sustainable, in my humble opinion.
I would therefore call for a pullback after initial strength this morning which would create the perfect opportunity to buy back in.
The new higher low and support I would place at 2.6 cents which marked earlier resistence.
From there price should move into the low 3's by next week....
SURGES SPOT ON...I was wrong and you were CORRECT.
tommorrow, page-219
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Last
7.8¢ |
Change
-0.003(3.70%) |
Mkt cap ! $82.67M | |||
| Open | High | Low | Value | Volume |
| 8.1¢ | 8.1¢ | 7.8¢ | $215.5K | 2.715M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 137820 | 7.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 319232 | 3 |
View Market Depth
| Last trade - 15.59pm 19/11/2024 (20 minute delay) ? |
| PER (ASX) Chart |