Daily chart above.
Need it to break the orange trend line which IMO would coincide with the MACD getting above zero and landing in that red box.
Additional stochastics above the pink line would then be triggered.
Move to the weekly and looks like sell momemtum is weakening.
MACD has went flat and IMO will start to turn soon, stochastics oversold and should bounce soon.
Looks like the impending news will either trigger the bounce or will fall out of the support area.
At 23M MC for 1m ounce asset with extensions coming in i'd say fundamentally undervalued.
Market should mark it up regardless but not sure if the T/A will follow.
SF2TH
Ann: High Grade Extension Discovered at Sturec Gold Mine, page-78
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Last
25.5¢ |
Change
0.010(4.08%) |
Mkt cap ! $48.18M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 27.0¢ | 24.5¢ | $141.8K | 556.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 52887 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 6100 | 1 |
View Market Depth
| Last trade - 15.58pm 14/06/2024 (20 minute delay) ? |
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Last
25.5¢ |
Change
0.010 ( 6.25 %) |
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| Open | High | Low | Volume | ||
| 24.5¢ | 25.5¢ | 24.5¢ | 117956 | ||
| Last updated 15.58pm 14/06/2024 ? | |||||
| MTC (ASX) Chart |