4DS

5.41%

7.0¢ 4ds memory limited

4DS Chart for Long Term Holders, page-186

First 186 Last

Share
Profile

Follow
Arrr!

265 Posts.

163

17/01/20

09:03

Post #: 42427068
Share

Originally posted by Steady_183: ↑

"We are right at the bottom of the channel here. Only way is up (logically) as there is no reason to break down."

I have to completely disagree with this comment. The overall trend of this stock, looking at the monthly down, is bearish. Trends continue more often than they don't so the greater probability is for the channel to fail. No news is a perfectly good reason as well for this stock to fail. All it would take is for a few fairly sizeable holders to capitulate on the story and start triggering stops below that channel and it will break quite easily.

The other things to note on the weekly is that each time the stock touched the bottom of the channel volume rose sharply and the stock bounced. The last 2 touches barely any of the same volume and now we are just sitting on the lower edge. I'm concerned with the current PA and telling people it can only logically go up from here is not anywhere close to the truth.

In saying that, trading is more an art than a science, it's not to say it wont rise but it's all about probabilities.

As always DYOR

Expand

What a load of shite. "The overall trend of this stock, looking at the monthly down, is bearish".

Here's a monthly chart showing a 4 year uptrend. What part of that is bearish?

4DS Price at posting: 5.8¢ Sentiment: Buy Disclosure: Held
15 Upvote

5 Great analysis

Reply

Top Stories

RMX

Red Mountain Mining: record gold prices, two projects, two greenstone belts

BIT

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

QML

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

SBW

Shekel Brainweigh investor presentation webinar – the future of retail automation

As Nvidia cools, we're looking to Aussie AI

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

PRU

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

LAM

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

OCC

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

CBA breaks trading record on strong day for Aussie financials

There are more pages in this discussion • 1,406 more messages in this thread...

First 186 Last

Add 4DS (ASX) to my watchlist

(20min delay)
Last 7.0¢		Change -0.004(5.41%)		Mkt cap ! $123.4M

Open	High	Low	Value	Volume
7.6¢	7.7¢	7.0¢	$248.6K	3.462M

Buyers (Bids)

No.	Vol.	Price($)
5	187995	7.0¢

Sellers (Offers)

Price($)	Vol.	No.
7.2¢	4402	1

View Market Depth

No.	Vol.	Price($)
4	87995	0.070
4	155000	0.069
4	265000	0.068
4	325940	0.067
2	21000	0.065

Price($)	Vol.	No.
0.072	4402	1
0.073	111196	2
0.076	31454	2
0.077	282946	3
0.079	187279	6

Last trade - 16.10pm 06/09/2024 (20 minute delay)

4DS (ASX) Chart

4DS Chart for Long Term Holders, page-186

Red Mountain Mining: record gold prices, two projects, two greenstone belts

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

Shekel Brainweigh investor presentation webinar – the future of retail automation

As Nvidia cools, we're looking to Aussie AI

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

CBA breaks trading record on strong day for Aussie financials

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

4DS Chart for Long Term Holders, page-186

Top Stories

Red Mountain Mining: record gold prices, two projects, two greenstone belts

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

Shekel Brainweigh investor presentation webinar – the future of retail automation

As Nvidia cools, we're looking to Aussie AI

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

CBA breaks trading record on strong day for Aussie financials

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News