Just a quick observation on a couple of oscillating indicators in the daily chart with a potential entry point:
- Stochastic
- %K dipped below 20 (oversold) earlier this week and is rising back up now.
- %K has just crossed over above %D (buy momentum)
- MACD
- MACD line appears to have hit a trough and looks to be bouncing back up towards a potential crossover above the 9-day EMA Signal line (buy momentum)
Provided the MACD crossover occurs during the next trading day (ideally within 1-3 days after a stochastic crossover), we will have a 'bullish' trend confirmation and a strong buy signal to enter based on a Stochastic MACD Double Cross strategy.
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Last
7.5¢ |
Change
0.009(13.6%) |
Mkt cap ! $24.90M |
Open | High | Low | Value | Volume |
6.8¢ | 7.5¢ | 6.8¢ | $12.98K | 181.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 44943 | 7.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.5¢ | 20963 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 44943 | 0.071 |
1 | 40690 | 0.070 |
3 | 57400 | 0.068 |
1 | 40000 | 0.067 |
2 | 28885 | 0.066 |
Price($) | Vol. | No. |
---|---|---|
0.075 | 20963 | 1 |
0.080 | 67512 | 4 |
0.088 | 30000 | 1 |
0.090 | 181818 | 1 |
0.095 | 50000 | 1 |
Last trade - 14.29pm 11/07/2024 (20 minute delay) ? |
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NOV (ASX) Chart |