Gap at 36c, support 50c, weak resistance at 56c, strong resistance at 62c. Daily RSI strong but not overbought at 60, MACD strong. Daily stochiastics bounced off oversold from monday and looks to be trending up. With record volume yesterday, most of these indicators are pretty useless because abnormal volume = abnormal market movements, the supports and resistances are just as useless considering the illiquid nature of this stock. From a brief look at the daily chart, seems like most of the gaps have closed over time so it is possible to retrace to 36 to close it. Also just as likely to shoot for the stars considering how illiquid this stock is. Will also be interesting to see what happens come tomorrow when the institutional shares (82.69mill new shares) from the capital raising hit the market, and on the 24th when retail shares (~48mill new shares) hit the market. Trying to be unbiased here, I like the story here and will be buying dips. Personally Id love to see 36c gap closed for 2 reasons: 1. I fluffed around and missed that price and ended up buying at 48c and 2. I have been burnt by gaps that many times ahahah.
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Gap at 36c, support 50c, weak resistance at 56c, strong...
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Last
71.0¢ |
Change
0.080(12.7%) |
Mkt cap ! $350.5M |
Open | High | Low | Value | Volume |
64.0¢ | 72.5¢ | 64.0¢ | $4.431M | 6.400M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 23624 | 70.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
71.0¢ | 44254 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 840 | 0.700 |
1 | 14879 | 0.695 |
3 | 18975 | 0.690 |
2 | 5912 | 0.685 |
1 | 1515 | 0.680 |
Price($) | Vol. | No. |
---|---|---|
0.710 | 14254 | 1 |
0.720 | 104174 | 4 |
0.725 | 16050 | 5 |
0.730 | 21100 | 3 |
0.735 | 39624 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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