My take is bit of a pennant style setup.
If it plays out it the price would stay between those trendlines before a move. We have the quarterly update before end of month so hopefully that's the catalyst, suits my narrative!
https://www.investopedia.com/terms/p/pennant.asp
JXT Chart, page-95
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Last
9.2¢ |
Change
-0.004(4.17%) |
Mkt cap ! $92.93M | |||
| Open | High | Low | Value | Volume |
| 9.4¢ | 9.4¢ | 9.2¢ | $11.72K | 127.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 400000 | 9.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.6¢ | 100000 | 2 |
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| Last trade - 15.58pm 02/08/2024 (20 minute delay) ? |
| VNL (ASX) Chart |