Having looked at the chart again and again, I can see the following support zones/levels:
4.3c
4c
3.6c - strong support
3.3c - minor support
3c - minor support
2.6c - all time low.
Today's action was not all that inspiring even though it did form a hammer candle, which normally is a bullish reversal signal, usually formed at the bottom of a downtrend. What we need is a confirmation of change of trend, as a minimum a break above 5c and then above 6c.
Looking forward to good news ahead, but if absent the SP can and will head to sub-4c. Such is the reality.
2018 - The Year of the Flamingo, page-308
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.173M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $3.502K | 1.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 26128726 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 8642661 | 8 |
View Market Depth
| Last trade - 13.49pm 16/05/2024 (20 minute delay) ? |
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Last
0.3¢ |
Change
0.000 ( 25.0 %) |
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| Open | High | Low | Volume | ||
| 0.3¢ | 0.3¢ | 0.3¢ | 400000 | ||
| Last updated 12.10pm 16/05/2024 ? | |||||
| ODE (ASX) Chart |