Also looking at the weekly chart you can see that the downside momentum has stopped and it is now building a flag formation that if broken through topside 6c+ should give a sharp rerating move. RSI is just verging on breaking 50 level like it did in early 2023 that saw it shoot to 11c. MACD has given a buy signal and just need a little bit of news and this should be away, so anyone looking to average down from a much higher level should keep a close eye on it
Also looking at the weekly chart you can see that the downside...
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Last
5.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $135.4M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 165563 | 4.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 578 | 1 |
View Market Depth
| Last trade - 16.12pm 30/04/2024 (20 minute delay) ? |
| HE8 (ASX) Chart |
Day chart unavailable