re: 1 mil buy - why surprised? Yes it has been going sideways for a considerable period of time and yes there is considerable resistance between 14.5 and 16.5c.
But, when you consider on a weekly chart the marked increase in volume with the associated gaps in price, the signs are there that it could move significantly this time. Its break above resisatance at 8.8c was on very good volume.
With your ranges in mind, any increase from 10c to 15c isn't to be scoffed at, so maybe your "upside potential" is just a little more than what most aspire to.
1 mil buy, page-14
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Last
1.3¢ |
Change
-0.001(3.70%) |
Mkt cap ! $20.42M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $24.32K | 1.822M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 634748 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 150537 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| SEN (ASX) Chart |