Quick look at the EGR chart on a Friday night.
- After a run-up in September following positive news, EGR dropped off and failed to break through the 0.382 fib resistance.
- Support has been found at $0.14 (Support 1), confirmed by WVF which strongly indicates market bottoms at this level.
- Trading has since pushed away from Support 1 and the 0.5 fib resistance has been tested multiple times in the past week.
- A positive end to the trading week sees EGR placed to test the 0.5 fib resistance again next week, after entering an upward-trend channel.
- This is likely to continue as indicated by the WVF trend, in addition to a decrease in volatility as per BBW and a change in momentum indicated by the MACD .
- If the 0.5 fib resistance is broken there is a good chance that this will run up to the previous 0.382 fib resistance.
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Last
11.5¢ |
Change
0.010(9.52%) |
Mkt cap ! $49.94M |
Open | High | Low | Value | Volume |
12.0¢ | 12.0¢ | 11.0¢ | $57.23K | 494.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 246934 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 102665 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 246934 | 0.110 |
6 | 510644 | 0.105 |
14 | 395944 | 0.100 |
1 | 140000 | 0.099 |
2 | 105000 | 0.098 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 102665 | 3 |
0.120 | 87848 | 3 |
0.125 | 29000 | 5 |
0.130 | 2500 | 1 |
0.135 | 10000 | 1 |
Last trade - 12.42pm 25/07/2024 (20 minute delay) ? |
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EGR (ASX) Chart |