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5.0¢ eagle mountain mining limited

Havnt looked too closely at the twchnicals of this. If you did...

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choochx01

3,037 Posts.

253

02/10/23

19:47

Post #: 70136051
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Originally posted by BobbyKennedy ↑

The technicals on a stock trading like EM2 aren’t that useful most of the time but it’s obvious to Blind Freddy that the 20EMA (I usually use 21 but on I’m the phone today) has acted as resistance for quite some time.

If we’re see the end of this downtrend we’ll need to get above the 20EMA (currently around 8.3) and hold or rise above that level with some volume. Could take some time and it likely won’t be an explosive move as buyers cautiously wait to see if the supply is in fact soaked, but it will happen and it may indicate the seller is done.

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Havnt looked too closely at the twchnicals of this. If you did you would not buy.

Fundamentally that's a different story.

THIS IS A TICKING TIME BOMB IMO.
Could go off at any time.

Cheers

EM2 Price at posting: 8.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 5.0¢		Change 0.000(0.00%)		Mkt cap ! $19.64M

Open	High	Low	Value	Volume
5.0¢	5.0¢	5.0¢	$12.20K	244.1K

Buyers (Bids)

No.	Vol.	Price($)
1	813	5.0¢

Sellers (Offers)

Price($)	Vol.	No.
5.4¢	167500	1

View Market Depth

No.	Vol.	Price($)
1	813	0.050
4	263506	0.049
3	245833	0.048
1	100000	0.047
1	113000	0.046

Price($)	Vol.	No.
0.054	167500	1
0.055	88185	3
0.057	143208	2
0.058	100000	1
0.059	34000	1

Last trade - 16.10pm 02/10/2024 (20 minute delay)

EM2 (ASX) Chart