Eventful week, seeing a lot of volatility with this stock.
Reclaimed the 200EMA on Tuesday.
Was looking convincing on the second surge but rejected the 50% fib level at $2.80 for a second time and now clearly in distribution mode (albeit on lower volume)
Ugly little double top formed, looking for support at the 200EMA ($2.44) to hold, otherwise back to retest the neckline at $2.28 and possibly $2.
Quite normal to see these quick moves sold off, will need some time to digest.
No issues for the longer term holders, but for now looks like heading lower.
Chart, page-632
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Last
24.0¢ |
Change
-0.005(2.04%) |
Mkt cap ! $83.98M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.5¢ | 24.0¢ | $202.2K | 814.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 181098 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 118621 | 5 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PAR (ASX) Chart |