Two higher lows and up she goes...
Tried it last year only to roll over into this setup...
Maybe the ducks are better lined up this time around?
Below is a log chart where each bar equals 7 days of trading and the blue and red dotted lines are smoothed moving averages...
The histogram at the bottom shows whether those MAs are converging (trend falling) or diverging (trend rising)...
So trend is rising, first higher low is in...
Resistance at $2.18 high...
If price can get thru here and hold, creating a second higher low...up she goes.
Chart, page-9
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Last
45.0¢ |
Change
0.030(7.14%) |
Mkt cap ! $40.60M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 45.5¢ | 42.5¢ | $3.509K | 7.984K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1344 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 4700 | 1 |
View Market Depth
| Last trade - 15.58pm 09/08/2024 (20 minute delay) ? |
| SRL (ASX) Chart |