4DX 4.39% 54.5¢ 4dmedical limited

Having another look at the all time chart from listing...

  1. 93 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
54.5¢
Change
-0.025(4.39%)
Mkt cap ! $223.6M
Open High Low Value Volume
56.5¢ 58.0¢ 54.0¢ $427.1K 768.9K

Buyers (Bids)

No. Vol. Price($)
1 15352 54.5¢
 

Sellers (Offers)

Price($) Vol. No.
56.5¢ 3571 1
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Last trade - 16.10pm 04/07/2024 (20 minute delay) ?
4DX (ASX) Chart
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