@LineMarker is interpreting the chart as it is, which includes information known to the market. He's made some good calls on CCZ and the prediction is theoretically sound. The questions come back to the gap - specifically is it a breakaway gap. If it is then it's not going to go back to 4.6 but only the unfolding of what you highlight will confirm it ie fundamentally has the game indeed changed as the last announcement said.
We wait and see! In the meantime linemarker has the luxury of being able to reverse position, up to 7 cents at no cost higher at little cost, if it is confirmed as a breakaway gap. That's good trading. Personally I'm holding because I don't want to risk reducing the leverage I have in my position through any hamfisted short term trading.
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Last
0.4¢ |
Change
-0.001(11.1%) |
Mkt cap ! $5.847M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $8K | 2M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 7407905 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 1751111 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 7407905 | 0.004 |
16 | 8944019 | 0.003 |
14 | 10617402 | 0.002 |
12 | 13752005 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 1813467 | 5 |
0.006 | 2967049 | 5 |
0.007 | 1537153 | 5 |
0.008 | 1663257 | 8 |
0.009 | 1623149 | 3 |
Last trade - 15.38pm 23/08/2024 (20 minute delay) ? |
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