I was a bit annoyed that they tagged Tuesday's presentation as Market Sensitive, when there seemed to be nothing really new in there. It feels a bit like management are trying too hard to "advertise".
Putting my charting hat on, but not trying to do anything fancy with indicators, the trick is to lean back and look at the weekly chart, rather than getting too fixated on the daily numbers. (As a Victorian, I find it's a bit like watching the daily COVID numbers, with lots of daily volatility, but the weekly trend is definitely in the right direction.
Here's a simple weekly chart, which suggests to me that this week's price action is (so far) just a "normal reaction" within the uptrend:
I was a bit annoyed that they tagged Tuesday's presentation as...
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Last
39.0¢ |
Change
-0.005(1.27%) |
Mkt cap ! $464.7M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 39.0¢ | 36.5¢ | $300.7K | 788.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 60000 | 34.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 32867 | 1 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| QOR (ASX) Chart |