Now an interesting aspect to note on the charts. The breakout trending which we are potentially calling wave 3 is acting as support for the moment. We saw the line squeeze up the horizontal resistance pre-announcement in the 1.27-131 zone and now we are seeing a similar behavior at the low 1.38-1.48 zone.
this might take a few days to play out as the squee3 occurs but bottom support is around 1.33 and upper resistance in the channel is 1.46. The horizontal support is around 1.39 and it’s sitting around it.
exciting times and once we clear this the next is the congestion between mid 1.70s and 2 ish.
I am expecting this to test this zone possibly early to mid next week.
Now an interesting aspect to note on the charts. The breakout...
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Last
$1.34 |
Change
-0.035(2.55%) |
Mkt cap ! $84.2M | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.42 | $1.32 | $674.6K | 488.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5999 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.35 |
Change
-0.035 ( 2.00 %) |
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| Open | High | Low | Volume | ||
| $1.38 | $1.41 | $1.33 | 133490 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| VMM (ASX) Chart |