The price is below the bollinger bands, way beyond 2 standard deviations. Oversold.
Previous times when it got this far, it rebounded back to it's more stable price at the time.
Inductive thinking here, but nonetheless, since TODAY's report from Hugh, there is no commanding reason for the price to fall in such a way as it has. But then it's all emotion out there in the market isn't it. Not really tied to the fundamentals. So how can one argue about value. Just on price and momentum alone, it has been overdone.
what to do, page-8
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.092M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 4044700 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 7110545 | 12 |
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| Last trade - 16.12pm 21/08/2024 (20 minute delay) ? |
| SMM (ASX) Chart |
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