Looks like a classic ascending truangle to me at the moment. Everytime it pulls back from 8 c the drop gets smaller and smaller as buyers snap up any loose shares on the drops. I believe the smaller volumes as we head to the point of the triangle are also typical. if it follows the characteristics of a triangle should go by around 3 c to 11c if it does pop. That puts us in the new league of .5c incriments, and it seems to generate intetest from some bigger fish when this line is crossed. Dont know if it needs an announcement to go.
The only sure thing is that very soon it will move STRONGLY in one direction or the other. Hopefully
Looks like a classic ascending truangle to me at the moment....
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Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $886.5M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 18.8¢ | $516.5K | 2.719M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 63774 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 334020 | 11 |
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| Last trade - 13.26pm 08/11/2024 (20 minute delay) ? |
| PYC (ASX) Chart |