@JM115
Yes.
I would like to think that we will consolidate above the top of the old weekly range which was that 0.105 - 0.11 level.
When a breakout happens, one can usually expect to see a target price measured by the size of the previous range.
It is also usual to expect to see resistance about half way into that expected target & a retest of the breakout point.
What I want to see, particularly on the weekly is firstly some higher volume that the last bar. So far we are not getting that but we are seeing momentum rising on all of the indicators in the weekly scale & a bit to go yet to reach the resistance around 0.13.
That is in contrast to the daily scale where we are seeing those indicators already at or near their overbought lines & the high is currently at or near resistance which imo implies a pullback is likely in the s/t to retest 0.105 - 0.11 as indicated by the rising trends merging on that time scale. There is a bit of wriggle room left on the daily scale though if we get a higher close today.
That would then fit in with the weekly having a retest of the 0.105 - 0.11 old range top before moving on up to the projected / expected target of 0.13 - 0.01 area.
We have been disappointed often in the last 4 months but at this stage all the ducks seem to be lining up in our favor.
Maybe this is that start of "the big one".
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2021 Charts, page-1861
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Last
4.2¢ |
Change
0.003(7.69%) |
Mkt cap ! $61.14M |
Open | High | Low | Value | Volume |
3.9¢ | 4.6¢ | 3.9¢ | $556.4K | 13.01M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2026489 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 193027 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2026489 | 0.042 |
2 | 3345718 | 0.041 |
6 | 1823396 | 0.040 |
6 | 1357494 | 0.039 |
11 | 817851 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 193027 | 2 |
0.045 | 188813 | 4 |
0.046 | 875726 | 7 |
0.047 | 350237 | 3 |
0.048 | 100000 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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