I thought it was fairly self explanatory - price has put in a repeating range culminating in a double top and has sold off ( profit taking ) and is now testing the lower line of the steep uptrend channel at the first minor horizontal support level (16.5c ) - major support lies just below at 15c.
Price is currently in limbo range trading until it can break above 19c or support at 15c fails. ( IMO)
chart repost below
AJM Chart, page-905
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 (20min delay)
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Last
3.0¢ |
Change
-0.001(3.23%) |
Mkt cap ! $9.092M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 3.0¢ | 2.9¢ | $3.687K | 123.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 356539 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 136006 | 2 |
View Market Depth
| Last trade - 15.42pm 08/11/2024 (20 minute delay) ? |
| 1MC (ASX) Chart |