Cup and Handles are a bullish continuation pattern, not a bottoming pattern.
Technically this looks rubbish - it's in a 3 year downtrend. Usually I'd want to see a 6-12 month base before considering buying based off of technicals - however I've taken a punt on this one as I've been watching it for years and feel the fundamentals may have put the low in now.
Ann: Beetaloo Operations Deliver Strong Gas Flow Rates, page-19
Add EEG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
21.0¢ |
Change
0.020(10.5%) |
Mkt cap ! $203.0M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 21.0¢ | 19.5¢ | $153.3K | 766.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 130254 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 277776 | 1 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
|
|||||
|
Last
20.5¢ |
Change
0.020 ( 5.13 %) |
||||
| Open | High | Low | Volume | ||
| 20.0¢ | 20.5¢ | 20.0¢ | 169031 | ||
| Last updated 15.19pm 28/05/2024 ? | |||||
| EEG (ASX) Chart |