Looks like a breakout is coming our way very soon. In the last two days we have twice crossed 4.5, a minor resistances level, only to close lower thanks mainly to some bot action.
Buyers are continuing to move up to the sellers, with a large chunk of today's volume going through at 4.7, this after the highest buyer mid yesterday was at 3.9.
IMO, also backed by a thinning sell side, this will continue and we will soon fill the 4.8 gap, then move quickly to 6.
Breakout Looming
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Last
16.5¢ |
Change
0.010(6.45%) |
Mkt cap ! $173.4M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.8¢ | 15.5¢ | $942.3K | 5.824M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 317548 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 1378930 | 6 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| ALA (ASX) Chart |