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
4.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $109.3M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.2¢ | 4.0¢ | $51.37K | 1.276M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 69505 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 53255 | 1 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
4.0¢ |
Change
0.000 ( 2.44 %) |
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| Open | High | Low | Volume | ||
| 4.0¢ | 4.0¢ | 4.0¢ | 68520 | ||
| Last updated 14.52pm 03/06/2024 ? | |||||
| HE8 (ASX) Chart |