I wouldn't be surprised in the least if they try to drive this back down for a few days to test the support zone and shake a few out. Could be a few days before news etc.
If you hold based on FA then this won't worry you in the slightest. If holding based on TA then it might allow a "mean reversion" trade if it does indeed fall, the ol' dip below the ema's without a cross. If it does dip under 10c on low to average volume then it's probably a chance to add for me. IMO.
May Chart, page-9922
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Last
2.3¢ |
Change
-0.009(28.1%) |
Mkt cap ! $77.51M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.9¢ | 2.1¢ | $1.656M | 68.27M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3909224 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 2254933 | 11 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| MAY (ASX) Chart |