Gentlemen, just a simple observation on my part. Sorry to dwell on the technical analysis side of things. I'm looking at the following graph on the asx website:
http://hfgapps.hubb.com/asxtools/Charts.aspx?TimeFrame=D6&compare=comp_index&indicies=XJO&pma1=20&pma2=20&asxCode=ARW
Notice the big spike in volume last October, which was followed by the ARW share price breaking through the resistance level of 0.013 cents. The last November there was another significant spike in volume, followed by the next leg up to 0.018 on average. Well, well, well. Just look at the spike in volume today. Gentlemen, i'd say something is definately cooking!!! Could be an institutional buyer having just entered in on the scene? If history is something to go on, then i'd say the ARW sp is about to break higher to the next level, possibly the 0.03 cent mark. I also noticed today that what was previously a sell of 6,000,000 units at 0.03 cents just increased to a sell of 7,000,000 units at 0.03 cents. So the trading bots have this one figured out. Anyway, fyi, i'm extremely long on this one. Can only see alternative fuel such as biodiesel taking off in future years as oil levels become depleted & an alternative or alternatives are being seriously looked at by industry & govt. Mate, i'm extremely bullish on ARW. I love what they do & the vision they have for the future. And I don't work for them btw ;-)
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.23M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 426827 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 75883 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 426827 | 0.130 |
7 | 589000 | 0.125 |
6 | 273333 | 0.120 |
1 | 30000 | 0.115 |
1 | 150000 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 75883 | 2 |
0.140 | 243460 | 4 |
0.145 | 816829 | 6 |
0.150 | 155556 | 2 |
0.155 | 474156 | 3 |
Last trade - 10.16am 20/06/2024 (20 minute delay) ? |
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