If it wasn't so hard to upload pictures on here i would post one one here. Anyway, this is what i see from my charting:
1) Get a 10 year chart up. You will notice that there was some strong resistance created late in 2001 at around the 11.5 cent area. Then there was a shot up to the 70 cents early in 2002.
2) My opinion is that the major "accumulator" is using this to his advantage and once they have bought all they want they will let this run.
3) I then see small resistance at the 21cent mark (2003 double bottom)
4) The path is then clear to go to the 50 cent mark from there on IMO.
5) We have eaten away at a lot of the resistance now at the 11.5cent area - High volume. Now have the 8 cent resistance of the last few month as support - we cut through it like butter a few day ago.
6) When we opened at 12 cents on large volume yesterday i though we were through. Hindsight is a bliss.
I do not want to miss this next run up with news iminent and believe that any good news will send this to the 50 cent mark.
Regards
Peaman
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Last
35.5¢ |
Change
0.015(4.41%) |
Mkt cap ! $515.6M |
Open | High | Low | Value | Volume |
34.0¢ | 36.0¢ | 34.0¢ | $1.270M | 3.611M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 286261 | 35.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.0¢ | 253490 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 286261 | 0.355 |
1 | 18652 | 0.350 |
2 | 21902 | 0.345 |
2 | 17500 | 0.340 |
5 | 110996 | 0.330 |
Price($) | Vol. | No. |
---|---|---|
0.360 | 253490 | 7 |
0.365 | 82652 | 5 |
0.370 | 128958 | 4 |
0.375 | 95000 | 3 |
0.380 | 201873 | 5 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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