4DS 0.00% 7.9¢ 4ds memory limited

2023 CHART THREAD, page-915

  1. 3,282 Posts.
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    Trading pattern has been in auto-pilot for weeks now (and still is). I'd personally like to see an obvious capitulation point - dirty red candle deep into the heart of the 0.09's, long wick back up to close above 0.11 - then I think we could call a bottom. Until then, or until hard FA data (as someone mentioned above) I think we'll just gyrate around.

    -10.5 clearly acting as support from the initial jump/success in August (tested 3 times now, over a 3 month period).
    - Stochs indicating quite severely oversold (but anything is possible with small caps) - primed for reversal, but likely will need catalyst news.
    - MacD indicating directionless auto-pilot (indicative) of low volume algorithmic trading.
    - Any fear selling at this point (heavy into 10.5/0.10) would likely trigger various stop losses; (which would be a big buy opportunity) - 0.10 is a psychology line (where many would have stops - imo).

    Fun & games. Xanax time.

    https://hotcopper.com.au/data/attachments/5755/5755149-3401217517ad6e750f7fe38df17c7676.jpg
 
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