icred,
"The chart is also looking interesting in that it could be interpreted as the excact half way point of a reverse Head and Shoulders pattern with a possible neckline forming at 14.5c.
DOES ANYONE see that ?
A bit of a GAMBLE I know , but could be worth a PUNT .... 8c to 14.5c = 80%"
I do totally agree with your points. However as I also can see there a couple of resistance levels at 10c and 11.5c. Can you see these resistance levels? I would note that 11.5c is an important level, as the company has recently issued 173.9mln shares at 11.5c.
However I think due to the end of the financial year without any significant news the SP was under big selling pressure in June and I hope that the stock should recover some June's losses during next month, July. But at this stage with a very negative sentiment from Dow Jones it is very difficult to believe that the SP price can reach your target of 14.5c during July. This is my own opinion.
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Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $4.123M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $18.42K | 4.606M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 6634995 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 550000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 6634995 | 0.003 |
24 | 18010500 | 0.002 |
17 | 43300702 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 550000 | 2 |
0.005 | 11253891 | 15 |
0.006 | 4359766 | 7 |
0.007 | 3478571 | 5 |
0.008 | 1000000 | 1 |
Last trade - 14.21pm 27/08/2024 (20 minute delay) ? |
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