AVR 0.58% $19.00 anteris technologies ltd

Great chart candle today Volume is depleting more every day now...

  1. 2,060 Posts.
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    Great chart candle today
    Volume is depleting more every day now down to a reopen low of 1.8M (was 17M-9M-7M-4M)
    The volume tells us the short/capitulation sellers have gone and only longs remain.
    The buying is not raising the price but the selling is not collapsing it so an equilibrium has been achieved.

    today a small red bar candle with 0.1c body & 0.1c tail no wick
    the smallest candle since re-open
    nearly a mini dragonfly doji
    daily chart shows a zig zag flooring pattern at 5.2-5.3, very positive
    no arvo selloff and onscreen match very light in number and volume, very positive.

    Those who wanted to sell are gone and those who a bargain buying are doing so.

    the CR should boost cash at bank and allay fears of illiquidity
    revenues increasing to $30M from $24M very positive, global sales and a factory to boot way better than BIT has.

    This candle is supportive of a bullish rebound case when looked at in conjunction with the last few days bullish candles since the 4.8 low. A few more dragonfly dojis or small dojis/near dojis and this confirms a defined flooring pattern.

    looks a good punt imho.
 
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Last
$19.00
Change
0.110(0.58%)
Mkt cap ! $365.2M
Open High Low Value Volume
$19.01 $19.11 $18.59 $97.55K 5.216K

Buyers (Bids)

No. Vol. Price($)
1 43 $19.00
 

Sellers (Offers)

Price($) Vol. No.
$19.50 21 1
View Market Depth
Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
AVR (ASX) Chart
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