The point of all this is that the more times price hits the red line and reverses the less likely it is to go below it thus forming a base.
If the price continues to act in this manner means accumulation is taking place as traders/investors consider the stock is oversold and see a bargain. Remember also this was the point in 2014 when the price went into the stratosphere which would be an unlikely event again but then you never know.
IMO DYOR
Cheers
Fid
The point of all this is that the more times price hits the red...
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.559M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 82 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 850000 | 3 |
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| Last trade - 16.12pm 25/07/2024 (20 minute delay) ? |
| HYD (ASX) Chart |
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