Evening Toph,
Care to post the chart? Is this the same uptrend line that we finished on a week or so ago at around 6c before bouncing strongly on announcement to test new highs over 8c? The same support line that has successfully held a number of times over the last couple of months?
The LSE finished trading on Thursday with quite a strong surge in buying which may help the ASX take a repeat launch off this support line come Tuesday.
Thoughts?
While TA is no doubt useful (I use it myself as one tool) I personally think it's the FA that might surprise and dictate the next big move. I cannot see it retracing much with the IRR announcement not too far away - who would want to be left out of this stock if the stock goes into trading halt pending this announcement?
Great to see your chart if possible.
Cheers
All IMO, please DYOR
88E....TA, page-22
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Last
0.1¢ |
Change
-0.001(50.0%) |
Mkt cap ! $43.40M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.1¢ | $199.0K | 99.54M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 324 | 1147945493 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 601285123 | 228 |
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| Last trade - 15.59pm 06/09/2024 (20 minute delay) ? |
| 88E (ASX) Chart |