My amateur reading of the chart is as follows:
- AO and MACD are slightly negative. This isn't showing much as volume has been low for a while, just indicates a general trend downwards.
- RSI meandering along in the middle, neither overbought nor oversold.
- Only real thing of significance is the bollinger bands are getting very narrow, indicating a possible near breakout, either up or down.
- This, combined with expected news soon, makes me expect that if the news is good and the breakout is the same size as the one back in Feb, I see a target price of 9.6c.
- If news is bad, back down to around the 6c level.
Interested to hear feedback from the more experienced chartists amongst you.
4DS chart, page-4010
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Last
8.9¢ |
Change
0.001(1.14%) |
Mkt cap ! $155.1M |
Open | High | Low | Value | Volume |
8.9¢ | 8.9¢ | 8.8¢ | $102.0K | 1.158M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 153636 | 8.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.0¢ | 270510 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 153636 | 0.088 |
3 | 211917 | 0.087 |
1 | 100000 | 0.086 |
9 | 290087 | 0.085 |
2 | 46700 | 0.084 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 270510 | 7 |
0.091 | 162000 | 2 |
0.092 | 185000 | 2 |
0.093 | 695409 | 5 |
0.094 | 360000 | 2 |
Last trade - 11.30am 04/11/2024 (20 minute delay) ? |
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4DS (ASX) Chart |