24 million transfer notwithstanding, the amount of volume we've been dealing in most days since the Ivory Coast announcement (~ 1 million as opposed to ~100k) firmly suggests a change in market sentiment. Buyers are towering over sellers and supply keeps getting mopped up. To my mind, the only reason it's taking as long as it is to fully re-test the 50s is the sheer length and brutality of our bear market – the chart accumulates a lot of "information" over time that needs to be processed before a new trend can be established. But this does feel different to our previous rallies – slower, more deliberate, more comprehensive. Exactly what we need to force our way out of the doldrums.
Started buying EMC at 70ish, rode it to the top and bottom, average now sitting at 50c. Very much looking forward to blowing straight through that level forever over the next couple of weeks.
Chart, page-5568
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Last
8.8¢ |
Change
0.004(4.76%) |
Mkt cap ! $88.63M |
Open | High | Low | Value | Volume |
8.4¢ | 8.8¢ | 8.2¢ | $33.67K | 395.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6599 | 8.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.9¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 33000 | 0.088 |
1 | 24426 | 0.087 |
1 | 16385 | 0.085 |
2 | 31050 | 0.083 |
2 | 125918 | 0.082 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 11 | 1 |
0.087 | 26390 | 1 |
0.089 | 20000 | 1 |
0.092 | 22320 | 1 |
0.095 | 15000 | 1 |
Last trade - 16.10pm 17/10/2024 (20 minute delay) ? |
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