Cut the loss of -$50 straight into 28.5 this has been one of the shittest charts I ever saw. I guess I expected too much out of this supply laden chart. Was in at 31c when this news release came. I thought I got a decent price on what could be an earnings winner. Considering prices have reacted with a sell off, as great as the numbers appear the REACTION TO THE NEWS IS AN EARNINGS LOSER! I bailed. 27c is coming but not at the expense of losing $200 there. Good luck holders. Will eventually do a bounce into a resistance but not enough to take me out as a winner.
Infact this is going to end badly when they break down below the 200 EMA. I read this junk wrong. Looked like one frustrating chart when I first looked at it and was betting on some form of a short squeeze as that has been the main market catalyst especially on a good news announcement....Also, since the chart did look toppy my initial instinct was to want to short it, BUT an EARNINGS WINNER is what I thought this was! Therefore I was scared to go against what intuition showed me....When it can't do what it should have done by all means, then this is definitely a very weak stock. I am short biased now. Should take out good stops below 27c if so NEW TARGET IS 21c attached is a Daily. Notice the strong toppy action threatening a breakdown?
SENTIMENT SELL CLEAR RISK LEVEL IDENTIFIED i'll feel so much better for cutting this when I see it tank Peak Asset Management just locking in too much profits from their free cheaply issued oppies. Scums
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Last
7.8¢ |
Change
0.004(5.41%) |
Mkt cap ! $6.740M |
Open | High | Low | Value | Volume |
7.8¢ | 7.8¢ | 7.8¢ | $390 | 5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3650 | 8.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.0¢ | 37040 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3650 | 0.080 |
1 | 42981 | 0.077 |
1 | 7813 | 0.064 |
1 | 200 | 0.062 |
2 | 16700 | 0.061 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 37040 | 1 |
0.095 | 733652 | 2 |
0.099 | 100000 | 1 |
0.100 | 20000 | 1 |
0.110 | 50000 | 1 |
Last trade - 11.25am 15/11/2024 (20 minute delay) ? |
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