Over all looking good. Might be a (not perfect) falling wedge (bullish), Finding support at the mean. Initial measured move (up or down...) 11c. Roughly finding support on Volume by Price but still below the point of control. They are also potentially at the bottom of the 3rd impulse of a decending Elliot Wave (sorry cant draw that in on this chart). Low Volume is leaving it primed for any positive news flow. On the negative side, there is little support if it breaks downwards, and if it does I think these guys are doomed. They are still in the battle zone but "Fortune favours the Brave."
Over all looking good. Might be a (not perfect) falling wedge...
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Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $49.36M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 2.0¢ | $27.72K | 1.386M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 76894 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 1488763 | 8 |
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| Last trade - 10.42am 26/06/2024 (20 minute delay) ? |
| ADO (ASX) Chart |