Bollinger bands, Moving Averages, SP & volumes. Almost all of them are "tight" i.e. spring loaded for a move in either direction. A move down would require a larger player selling to scare retail traders / investors to sell their holdings to accumulate at a lower price. If it goes up then there is little selling resistance left after a long consolidation period.
Larger parcels are still coming in behind any 5.0c pips down so my amature guess is down up sideways etc...no-one really knows. Fundamentals here are pretty critical. The TA is just alerting of a potential large move once a direction is chosen AND confirmed
Ann: Change of Director's Interest Notice, page-24
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Last
95.5¢ |
Change
0.040(4.37%) |
Mkt cap ! $832.8M | |||
| Open | High | Low | Value | Volume |
| 91.5¢ | 95.5¢ | 90.5¢ | $8.549M | 9.078M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 59389 | 95.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 96.0¢ | 110589 | 13 |
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| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| DRO (ASX) Chart |