Also chart may be indicating a reversal now. Impossible to say if it’s a major reversal but the chart suggests it going to at least target the 50EMA (blue line on the price chart). Thats currently sitting in the low 70s.
So with the news flow, a sharp increase in shorts that really should be covering and a chart that suggests a reversal, this makes a decent trade.
Also chart may be indicating a reversal now. Impossible to say...
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 (20min delay)
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Last
47.0¢ |
Change
-0.010(2.08%) |
Mkt cap ! $251.6M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 48.0¢ | 45.5¢ | $776.6K | 1.665M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 88142 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 15639 | 4 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| PMT (ASX) Chart |