Wave
The breakdown of the yearly low of 9.5c was definitely a concern from a TA perspective, but it was the lack of volume that encouraged me to buy, what is now the bulk of my holdings,mat 9.1c.
And I agree that it is still in a downtrend, but don't feel that 25c needs to be achieved before considering it broken.
In fact, I love when TA patterns that should have played out as per the textbook (breach 9.5c...trigger stop losses....hit new lows....etc,etc) break down. In this case, if the 10-10.5c mark can now hold and consolidate on a bit of volume, it could prove extremely bullish.
Hope the rambling makes sense.
Milesy
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Change
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Mkt cap ! $2.796M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1427025 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 210072 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1427025 | 0.011 |
3 | 448000 | 0.010 |
4 | 433817 | 0.009 |
2 | 190682 | 0.008 |
2 | 964356 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 210072 | 1 |
0.014 | 160554 | 4 |
0.015 | 211149 | 3 |
0.016 | 97844 | 2 |
0.017 | 250000 | 1 |
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