Here is my Chart Analysis
Feel free to add to it or point out any incorrectness
Bearish (1 Hour T/F)
- Today's candle closed under the 5, 9, 20 and 50 DMA's
- RSI Dropping
First of all, Which channel of the below two channel charts is correct ? Or is it neither? Will let you decide.
Bullish (Daily Time-frame)
- Upward trending channel still intact
Bearish (Daily Time-frame)
- Upward trending channel broken
- RSI Dropping
Bullish (Daily Time-frame)
- Tuesday's candle: 20 DMA crossed above the 50 DMA
- Today's close of $1.32 sitting on the 9 DMA (Some bullishness)
Observations/ Questions:
- Will the 9DMA be respected?
- Has the 9 DMA been respected in the past as strong support?
Bullish (Weekly T/F)
- currently above all MA's.
Bearish (Weekly T/F)
- Above average volume ended in the red
- RSI Dropping
Potentially Bearish/ Resistance (Weekly T/F)
- The 5 WMA rising and touching the 20 WMA for the first time (on a rising trend) since July, 2023
Potentially Bullish(Weekly T/F)
- If the 5WMA crosses above the 20 WMA, it will be the 1st time since late January
Observations/ Questions:
- After 12 Weeks of the 5, 9 and 20 MA's acting as resistance, will theses MA's now provide strong support? Seems Bullish.
- The 9WMA currently sits at $1.24
- Will find support on the 20 WMA? ($1.28)
Bullish (Monthly T/F)
- currently above all MA's
- RSI Rising
- Forums
- ASX - By Stock
- Ann: Trading Halt
Here is my Chart Analysis Feel free to add to it or point out...
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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. |
---|---|---|
$1.40 | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 999 | 1.340 |
1 | 3000 | 1.335 |
1 | 2000 | 1.320 |
1 | 19519 | 1.315 |
2 | 25000 | 1.305 |
Price($) | Vol. | No. |
---|---|---|
1.395 | 5000 | 1 |
1.415 | 6000 | 1 |
1.430 | 5000 | 1 |
1.440 | 10000 | 1 |
1.450 | 8867 | 2 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.35 |
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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 ? |
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VMM (ASX) Chart |