Jethro i wasnt using any technical analysis. Just good old look at the depth. Of course you can use depth as a trading tool. That's like the fundamentalists calling the technical analysts leaf readers.
It just depends what you believe in. Some go off momentum, some think its bs. Some go off price volume depth analysis, some don't...
As for options dont get me wrong. Any option by logic has to be issued historically.
Yes. I know they're on the books. But an option that expires means 1 less share on hand to distribute profits per the future. In return now they're exercising for 1.5 c into the kitty. Alternatively if you let the options expire and raise the same amount of equity at 7.5c, your getting 6c more per additional ord share equity created....
Yeah sure some dont want to have a "valuation" put on by a CR price, but in terms of cash only in the bank balance, surely you'd receive and want more cash in the bank for each additional share created.
XPE Charts, page-1038
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