4DX 1.90% 51.5¢ 4dmedical limited

4DX Chart, page-231

  1. 100 Posts.
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    Having another look at the all time chart from listing (10/8/2020), it looks like we have broken through the big descending triangle support line of ~$1.17. Barring the massive volume at listing, I don't see many trends. It looks fairly consistent over the last year (see second zoomed in chart), although may be rising over the last couple of weeks when we broke through the support.
    My knowledge of charting isn't deep enough to know where we go from here, but my guess is further down in the short term (especially given the larger macro forces at play with rising inflation and interest rates).
    I maintain my view that fundamentally over the long term (5+ years) 4DX will deliver outsized returns, so I am definitely viewing this as a buying opportunity in the short term to build my position. I'm just dollar cost averaging and getting more shares for my money every month.

    https://hotcopper.com.au/data/attachments/4041/4041296-2c9250272e9998ddd90f398e397b7a49.jpg

    https://hotcopper.com.au/data/attachments/4041/4041304-2e6739935079c4377e3b03e7b3bea3d2.jpg

 
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Last
51.5¢
Change
-0.010(1.90%)
Mkt cap ! $211.4M
Open High Low Value Volume
53.0¢ 53.5¢ 51.5¢ $125.7K 239.2K

Buyers (Bids)

No. Vol. Price($)
2 23940 51.5¢
 

Sellers (Offers)

Price($) Vol. No.
52.0¢ 350 1
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Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
4DX (ASX) Chart
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