Good news is that shorts are indeed starting to drop off now, good money has been made shorting this back to $1 to $2 range (despite cheerleaders telling you otherwise) but that means the chance of any kind of squeeze is now pretty remote.
The bearish engulfing for last month is not a positive indicator!
I suspect this could continue to slide back to sub $1. News flow is very minor in nature. They either needs a massive trial outcome now or a big ass director buy up to bring the buyers back and stymie the profit takers.
Anyway, GL to all. Buying over the longer term still looks OK, but it's a falling knife at the moment and it will take some time to turn sentiment around and see profits on any current buy.
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Last
$1.53 |
Change
-0.060(3.79%) |
Mkt cap ! $259.9M |
Open | High | Low | Value | Volume |
$1.54 | $1.56 | $1.53 | $130.2K | 84.73K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4993 | $1.53 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.58 | 10451 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4993 | 1.525 |
1 | 12381 | 1.520 |
3 | 9872 | 1.510 |
3 | 11327 | 1.505 |
9 | 14363 | 1.500 |
Price($) | Vol. | No. |
---|---|---|
1.580 | 10451 | 1 |
1.595 | 6000 | 1 |
1.600 | 23239 | 1 |
1.630 | 6183 | 1 |
1.650 | 17029 | 2 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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