Look back to mid Oct when the sp made a big run from mid 3's to 5.3c (high 5.4c), and then the following slide to 3.1c...of course 5.3, 5.4 is going to show strong resistance, as those who got caught on that P&D are allowed to get their money back!
The biggest difference with this run is the volume...a 6mth chart will show you both runs side by side.
NDO 6 Mth Chart
Then there are the big sellers who've been suppling the mkt for mths...eventually they'll all leave when they've got what they want.
accumulation by stealth, page-26
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Last
85.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $193.8M | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 85.0¢ | 85.0¢ | $21.11K | 24.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 20000 | 1 |
View Market Depth
| Last trade - 10.06am 09/08/2024 (20 minute delay) ? |
| NDO (ASX) Chart |