Testing spring, so far on diminishing volume. Therefore unless supply increases would be expecting a rally in the short term.
Then 1.) If / once supply exhausted or
2.) Supply absorbed on the way up (small reactions in price that don't make lower lows),.
Would then look for it to break back to the top of current trading range and would then look for a sign of strength rally (new high with price breaking above 4.1c), followed by some sort of backing up action (possibly to previous resistance) then price to continue to new highs. Would be confirmation of a reaccumulation structure ending and the mark-up phase beginning
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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36 | 23524516 | 0.9¢ |
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Price($) | Vol. | No. |
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25 | 17555321 | 0.008 |
9 | 4405142 | 0.007 |
5 | 2251677 | 0.006 |
8 | 3358000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 14182479 | 15 |
0.011 | 50826727 | 47 |
0.012 | 11754609 | 17 |
0.013 | 15767673 | 15 |
0.014 | 12121951 | 14 |
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