macs, nice work!
I am thinking the big players want the pink line on the chart below before it heads north again? The trendline also coincides with your dotted green ascending trendline which is at approx $5.40 - $5.56 depending on when it gets hit (next few sessions). The death cross recently a bit of a worry but the 50 and the 200 ema's have crossed negatively before in recent times so not sure there although the gap is getting bigger which is concerning. Daily stochastic been in oversold for a little while now also. If the price can't hold that pink line and closes below it for two consecutive days it's time to bail IMHO
2 year daily chart.
a bottom or a rest...chart, page-3
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 (20min delay)
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Last
$1.76 |
Change
0.025(1.44%) |
Mkt cap ! $1.412B | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.79 | $1.75 | $6.040M | 3.416M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 20933 | $1.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.77 | 350 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| KAR (ASX) Chart |