Agreed Ronstaa, although I can't (or maybe don’t wish to) see that happening.
We saw it oscillate between two very old support and resistance lines today (well ones I have in my chart anyway) 1.9 and 2.1 and end up right smack in the middle of them.
I think we will see this come into play again tomorrow and am confident we will see a GREEN Friday with a final of 2.1 and even spend some time at 2.2 (would be nice to land there actually! )
We have good dirt and ever since Tuesday’s announcement, more and more people are becoming aware of it.
If we DO go to 1.7 or lower, a lot of stops will be fired I would guess and this would indeed spell problems.
I am not of this mind however.
All of this IMHO of cause and assuming we don’t get another conveniently timed announcement which means we could end up anywhere between the moon and NY City. LOL
Regards Livelife
agm chomps , page-23
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Last
$2.79 |
Change
-0.060(2.11%) |
Mkt cap ! $194.9M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
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| 1 | 17869 | $2.78 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.84 | 1070 | 1 |
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| Last trade - 15.57pm 10/07/2024 (20 minute delay) ? |
| DSE (ASX) Chart |