I am still here Serina. I updated to windows 10 on Sunday & had to then update my mobile wireless modem & since then have been trying to decide to uninstall it or just shoot myself. It has been a headache so far.
Anyway it appears that I didn't miss much.
I was very surprised that it didn't gap up & have a run similar to the one back on 3 Sept.
Realistically though this is better because it so far has not made a gap to be filled, the volatility is low & it is still following the patterns that I look at.
Ignoring the update altogether atm as it has not as yet made any impact on the trading, the sp has been consolidating for two weeks in a $0.03 range, has made a higher low & continues to trade in the lower half of the two week range and the lower half of the down trend channel.
I assume from that, is that we may have seen the bottom & are now starting to build the base for a continuation of the breakout from the 3 Sept.
There is after all no reason to think anything negative about PSY after the update. I would think that any selling is attempted manipulation as per usual.
The volume has been rising steadily & the ATR over the last two weeks has fallen to $0.015.
It looks to me like some very clever accumulation by someone.
Over the next few days I would like to see a slow steady rise up to the top of the channel to verify my thoughts.
A breakout from the top of the channel would be a stronger signal than a sharp spike from the current price level I think.
If it is being accumulated by the big boys then its them doing the selling to suck out any weak holders.
I find it a bit strange that there has been such a low response to the update given the amount of new info in that but that will change when & if the sp rises as those sellers dry up.
I would prefer to see a slow steady rise myself but the spikes are more exciting for traders.
Be happy.
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.796M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $5.5K | 500K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1427025 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 160554 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1427025 | 0.011 |
3 | 448000 | 0.010 |
3 | 378151 | 0.009 |
2 | 190682 | 0.008 |
2 | 964356 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 160554 | 4 |
0.015 | 211149 | 3 |
0.016 | 97844 | 2 |
0.017 | 250000 | 1 |
0.018 | 418098 | 3 |
Last trade - 15.35pm 05/09/2024 (20 minute delay) ? |
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