I'm going more by the chart than the fundamentals on this stock - though I can't help but like the look of the fundamentals too.
The gaps in the chart this year (16 january and 15 february) are a bullish signal.
Volume has picked up significantly in the first two months of this year - another good sign.
Huge resistance at 24 - 25.5c has been tentatively breached; that was a big clue that the buyers are dominating the sellers.
GMR now just appears to be consolidating, gathering strength for the next upward leg.
All in all, I think it's very much on track - downside should be limited for the time being, and I won't be surprised to see it shoot up to 40c pretty quickly.
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.703M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $1.869K | 169.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 104997 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 100500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 104997 | 0.011 |
2 | 3090000 | 0.010 |
5 | 898729 | 0.009 |
7 | 1225052 | 0.008 |
6 | 2523375 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 100500 | 1 |
0.013 | 233588 | 2 |
0.014 | 145000 | 3 |
0.015 | 952629 | 3 |
0.020 | 398000 | 1 |
Last trade - 11.56am 22/08/2024 (20 minute delay) ? |
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