TA on micro caps is a lot harder to judge vs mid-large caps due to their volatility. One announcement throws your chart out the window.
That being said, the chart appears to be showing a break in the support (bearish) but a hammer doji (bullish) and a falling wedge (bullish).
Given what is in the pipeline (news wise) for the next few weeks, i'd say the wedge prophecy will play out and break out hard to the upside. But I've seen many a TA fail on a chart read so take that with a pinch of salt.
Chart, page-898
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Last
1.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $50.11M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $23.05K | 2.183M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 44 | 25833994 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 54460586 | 48 |
| Last trade - 13.57pm 15/10/2024 (20 minute delay) ? |
| BRK (ASX) Chart |
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