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Today’s inverted hammer could spell the end of the recent sell off. My only caveat is that Friday’s also often result in softer prices unless there is imminent news expected.
Therefore I would suggest that maybe the Stochastic has a little further to to fall, plus the 50SMA may need to cross the 200SMA to trigger a positive move back up. So mid next week perhaps.
The next run up should set the 78.60% fib as our new support IMO.
Positive news on receiving that govt research grant should do the trick.![]()
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Mkt cap ! $52.87M |
Open | High | Low | Value | Volume |
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---|---|---|
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Price($) | Vol. | No. |
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38 | 10074219 | 0.015 |
12 | 2236049 | 0.014 |
7 | 2633923 | 0.013 |
6 | 1655833 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 2945887 | 9 |
0.018 | 2862774 | 9 |
0.019 | 3659762 | 9 |
0.020 | 1653444 | 13 |
0.021 | 1350000 | 2 |
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