Yes definitely a sign of strength, with buyers overcoming supply.
But it is early days and the immediate background is a blood bath, both the announcement and the gap up closing on it's lows on the 12th Oct and yesterday gap down closing on it's lows.
So in isolation, today's bar shows strength but taking in the rear view it's far too risky for an entry in my opinion. See where it's sitting in a few weeks, definitely, one to watch, not just for QPM but the entire battery metals sector.
Ann: TECH Project Feasibility Study, page-399
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Last
3.4¢ |
Change
0.002(6.25%) |
Mkt cap ! $85.72M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.4¢ | 3.3¢ | $28.18K | 845.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 369651 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 175555 | 12 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| QPM (ASX) Chart |