We have been in a falling wedge since October. We could have broken our next resistance but instead have broken out of it for the first time, retested and continued the upward movement. Its still early and if we break back down we will need solid news to get us out and if we break down its going to get ugly. However if we keep getting reasonable volume and posting higher lows and maybe some nice news on top we could get some traction.
You will also see on the OBV at the bottom that we also have broken the downtrend and retested support and legged up which is also bullish.
We are in a micro cap though so one big dump and we are back to square one.
All of this is my opinion of course and not financial advice and DYOR
We have been in a falling wedge since October. We could have...
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Last
0.5¢ |
Change
0.001(12.5%) |
Mkt cap ! $5.322M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $3.25K | 750K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 6080680 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 32940383 | 22 |
View Market Depth
| Last trade - 11.54am 26/04/2024 (20 minute delay) ? |
| CCO (ASX) Chart |