For some interesting food for thought, although I am positive and am a holder....
In terms of TA:
- A bearish Symmetrical triangle has formed.
- A symmetrical triangle is a continuation pattern, in which the pattern was in a downtrend when started.
- The movement of the initial trend is 0.16-.025 = .135
- This indicates a bearish change to -.108, however considering the low price, this would occur over an exponential distance and i would have a target of around .002
- However, this would basically mean the company is broke and folding in this kind of situation.
Anyone else have some thoughts on the TA?
Cheers,
Miike
pure ta
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0.4¢ |
Change
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Mkt cap ! $4.161M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $3.987K | 989.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 8384578 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 6244847 | 11 |
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