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14,570 Posts.

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08/02/19

13:20

Post #: 37376421
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Originally posted by GunnerGecks ↑

Some TA -

* Commodity Channel index (30) currently: -86

* RSI (14) currently: 44

* Something interesting to note is the daily MACD (12,26,close,9) has been in an upward trend since 21st December 2018.
Currently diverging away from signal line (since 2nd Feb 2019).

* Also bollinger bands tightening. As someone else recently expressed it seems the price is stabilizing.

It seems for now we have found the bottom range awaiting news.

We have the half yearly report coming out in two weeks, I still think we will retest 15c. Thought this would happen after quarterly reports announcing current cash balance. Maybe after half yearly report with more detail we will see the retest. Maybe not?

IMO

Cheers guys

Expand

Consider that the half yearly only reports up to Dec 31. It is rare that anything new at all is in them.

Of course the usual "this will help with commercial negotiations etc" will be in it, as it has every year, for the last fifteen.

BIT Price at posting: 11.5¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 2.8¢		Change 0.002(7.69%)		Mkt cap ! $25.26M

Open	High	Low	Value	Volume
2.6¢	2.8¢	2.6¢	$2.933K	105.9K

Buyers (Bids)

No.	Vol.	Price($)
1	232047	2.6¢

Sellers (Offers)

Price($)	Vol.	No.
2.8¢	186191	3

View Market Depth

No.	Vol.	Price($)
1	232047	0.026
5	1388646	0.025
4	396000	0.024
2	430000	0.023
5	4245555	0.022

Price($)	Vol.	No.
0.028	186191	3
0.029	555600	4
0.030	60000	2
0.031	109129	2
0.032	500000	1

Last trade - 16.10pm 29/08/2024 (20 minute delay)

BIT (ASX) Chart