Agreed with others thoughts on a completely different business now to 2017..
However, what really matters is volume and sentiment when you are looking at support/resistance..
If you understand the capital structure, and you understand the incremental levels of volume churn for a given sp at given point of time, aligned with a period of investor sentiment for a given time period this sets the support and resistance levels..
The influencing factors are the announcements either positive or negative and other sector/world indices..
VR1 Chart, page-15
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.65M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.1¢ | $1.753K | 83.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 384876 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 1229473 | 9 |
View Market Depth
| Last trade - 10.40am 26/07/2024 (20 minute delay) ? |
| VR1 (ASX) Chart |