@StockforProfit definitely looks like a small break out of the forming wedge you presented, just don't see the volume yet. Bulls are ready and waiting, could see a retest of the $2.20s gradually again based on volume as selling are drying up
the wedge and price action analysis;
first low was at $1.383
second low was at $1.556
third low was $1.678
The Price Lower lows are turning into higher lows gradually so up
RSI analysis;
bounced twice on the RSI at 50 on the daily
shows slight divergence but not much meaning it is showing the price to level out and go into a range trading trend
MACd analysis;
shows initial downtrend but
the daily lows are also equal more than the RSI
so signifying a range trend
So all in all it signifies that all things being equal with no patents for now or any new Tom's gibberish; the price is simply going to consolidate until a spark.
and don't we all wish for the Phoenix to rise after the US patents news ... mid September
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Last
38.0¢ |
Change
-0.010(2.56%) |
Mkt cap ! $96.84M |
Open | High | Low | Value | Volume |
39.0¢ | 40.0¢ | 37.0¢ | $231.3K | 600.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 19905 | 38.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.5¢ | 44600 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9905 | 0.380 |
1 | 3500 | 0.375 |
5 | 62802 | 0.370 |
1 | 15000 | 0.365 |
2 | 30099 | 0.355 |
Price($) | Vol. | No. |
---|---|---|
0.395 | 44600 | 1 |
0.400 | 107532 | 4 |
0.410 | 73456 | 3 |
0.415 | 5000 | 1 |
0.420 | 131488 | 5 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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