AVR 1.29% $18.31 anteris technologies ltd

Kabooom, great call boys! 4.8 is the annual low several bullish...

  1. 2,060 Posts.
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    Kabooom,
    great call boys!

    4.8 is the annual low
    several bullish reversal candles were the signal at 4.8-5.3
    TA shows run to 8.0c
    low volume confirmation of large selling is over

    today a higher green long green bar candle with 0.5c body 0.5c wick and no tail
    The wick shows profit takers came in to whip the top off.
    daily chart shows a stable flatline in arvo after the morning ramp runup
    Is the resistance at 7.0 rather than 8.0 as I called last week?
    The lower volume indicates hardly any large sellers around and buyers have to bid higher.
    Some traders may have taken their 40% margins as usual but not many
    as who had the guts to call a bottom& buy at 4.8c? Only one person did, ME!

    For a stock that went from 20c to $1.80 to 20c to 13.5c-4.8c-6.5c, its been a rollercoaster

    Lets see if 7.0c is the resistance as I think should run to 8.0c short term

    With CR cash and improved revenues, might even run back to 20c?!
    yet fundamentally its very cheap, especially compared to pie in the sky BIT at $140M MCap
 
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Last
$18.31
Change
-0.240(1.29%)
Mkt cap ! $351.9M
Open High Low Value Volume
$18.80 $19.15 $18.20 $159.7K 8.611K

Buyers (Bids)

No. Vol. Price($)
1 73 $18.31
 

Sellers (Offers)

Price($) Vol. No.
$18.33 90 1
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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