Yes bcjjg
plenty of guys willing to get into the stock based on comparisons of current sp to previous highs or assumed support levels. Fib levels, bollingers, triple bottoms whatever the indicator. It just tells you the probability of finding support/resistance. Different indicators will give you a higher or lower probability. But there needs to be confirmation in the form of volume as support or resistance forms.
Currently tone seems to have returned to the trading patterns in June low 30s to 40s. However if is too volatile to trade and hold overnight unless you get in at the lower end of the range or Day trade. Other than that TA wise no reason to buy and hold at these levels as indicators are inconsistent and not a strong buy. FA holders should not take this as ton is a dud stock. I have no ideas regarding FA but note that the sector has come off recently. It is from a TA perspective only. Plenty of guys here buy on the basis of TA but are seriously just taking a punt. If it works great but the chance of failure is too high.
20s tomorrow, page-115
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Last
0.9¢ |
Change
-0.002(18.2%) |
Mkt cap ! $14.11M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 0.9¢ | $259 | 26.13K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1280209 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 122784 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1280209 | 0.009 |
6 | 770529 | 0.008 |
4 | 492850 | 0.007 |
2 | 416660 | 0.006 |
2 | 899995 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 122784 | 2 |
0.012 | 491367 | 5 |
0.013 | 1538461 | 1 |
0.014 | 200000 | 2 |
0.015 | 1333333 | 1 |
Last trade - 15.57pm 12/07/2024 (20 minute delay) ? |
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TON (ASX) Chart |