TA for those interested.
I wasn't watching closely but before the news we were at trend which is a bit funny (it was decision time and some may have seen that / taken the punt).
We were around our PSC 2.0 lows with a low MC so couldn't really drop much further imo.
Per yesty 9c is the first small support to break (need to hold above it so its funny we finished @ 9 exactly), and 10 proved too hard to crack / might take a couple of attempts if we can get back up there in the short term. Funny how things play out if you follow charts.
There isn't much support between 7.7 to 9.5 so we can easily move around that range, with 7.7c the support I'll be watching if we drop.
7c is a possibility after that, just not sure I can see it going that low.
Great to see we broke trend, great to see the volume back up.
However, given the candle (long thin top wick), it shows the news got exhausted which we all watched, and typically some downward action can follow a candle of this nature.
There's a possibility we'll come back down to test that trend line, another common occurrence. But, I'm not sure if the fundamentals agree. If those findings genuinely come with a healthy figure attached then who knows.
I'd bought down to 7.7 so I sold some shares into the pump, and also bought a small amount back low 9's later in the day.
I won't be a buy now until roughly low 8's as I've got enough shares to happily ride up with if it goes that direction.
All imo/nfa
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Last
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Change
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Mkt cap ! $71.81M |
Open | High | Low | Value | Volume |
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15.5¢ | 10000 | 1 |
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3 | 148700 | 0.145 |
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Price($) | Vol. | No. |
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0.165 | 526909 | 8 |
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Last trade - 12.38pm 02/05/2024 (20 minute delay) ? |
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Change
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Last updated 13.27pm 02/05/2024 ? |
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