Not sure what happened after market. I used to trade frequently but have not done so for a fair while. Cant be bothered. I still refer to charts though. As I do not like to overcomplicate TA I still use a beginners chart and use various timeframes.
Donchian Channels for my chosen timeframes charts highs, lows and mid point, breakouts, provide useful support and resistance levels, assist in stop loss placement, show whether the stock is in an uptrend or downtrend and assist with target setting, and buy sell decisions. Suits me but not others. Should be used in conjunction with other indicators if trading.
Bollinger%b assists in recognising overbought/oversold conditions as well as highlighting divergences. This afternoons negative divergence is only minor on the hourly but it sure had traders 'thinking' in that last hour of trade. Whether it continues tomorrow ?
The short term hourly below shows the negative divergence on the %Bollinger I mentioned happened this afternoon can be seen. The pennant pattern is quite obvious. Jumps right out at you. That is what you look for. Quite a good target price if it pans out, especially if you bought on the break. Check the link out for a target calculation..
Its wait and see.
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Last
19.8¢ |
Change
0.008(3.95%) |
Mkt cap ! $366.5M |
Open | High | Low | Value | Volume |
19.5¢ | 20.0¢ | 19.0¢ | $587.4K | 3.011M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
31 | 624956 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 1264536 | 48 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 624956 | 0.195 |
92 | 2510624 | 0.190 |
40 | 2085642 | 0.185 |
59 | 1668242 | 0.180 |
20 | 425404 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 1264536 | 48 |
0.205 | 1045983 | 24 |
0.210 | 1072305 | 27 |
0.215 | 578597 | 23 |
0.220 | 837708 | 23 |
Last trade - 14.58pm 17/07/2024 (20 minute delay) ? |
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