I'm going more by the chart than the fundamentals on this stock - though I can't help but like the look of the fundamentals too.
The gaps in the chart this year (16 january and 15 february) are a bullish signal.
Volume has picked up significantly in the first two months of this year - another good sign.
Huge resistance at 24 - 25.5c has been tentatively breached; that was a big clue that the buyers are dominating the sellers.
GMR now just appears to be consolidating, gathering strength for the next upward leg.
All in all, I think it's very much on track - downside should be limited for the time being, and I won't be surprised to see it shoot up to 40c pretty quickly.
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Last
2.2¢ |
Change
0.001(4.76%) |
Mkt cap ! $21.92M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.2¢ | $0 | 14 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1922753 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 5545 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1922753 | 0.020 |
1 | 1000000 | 0.019 |
6 | 1032048 | 0.018 |
1 | 1176470 | 0.017 |
2 | 900000 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 5545 | 1 |
0.022 | 554324 | 2 |
0.024 | 176901 | 2 |
0.027 | 74977 | 1 |
0.028 | 200000 | 1 |
Last trade - 10.00am 01/11/2024 (20 minute delay) ? |
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AS1 (ASX) Chart |