Guys/Girls
Hope you don't mind me throwing a chart up as I am not a regular poster here, but do have a position that I am looking to build on. I'm far from any guru, but I am expecting some sort of a move in the next week.
CHART 1
Gapped down from 12c to 10c in mid march and bottomed in a couple of days to 5.6c in March to an old low from December last year. Amazingly this gap at 12c was filled 5 TD's later. Since then its drifted down and seems to be basing around 7.9c as support. Has held the 195 Ema nicely in conjunction with a FIB line. Price is approaching a downtrend line, so would expect some sort reaction here. Hopefully up.
CHART 2
Another reason for a possible move is the Bollingers. They are just about strangling the price...normally indicative of a move up or down.
CHART 3
Pitchfork.
If she drops and closes below 7.9c I'll be on the sidelines. Really like to see it close above 8.4c and hold that.
Cheers
dmc
charts
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Last
10.5¢ |
Change
-0.010(8.70%) |
Mkt cap ! $334.4M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 10.5¢ | $495.0K | 4.542M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 5558849 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 320251 | 11 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
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