Having a look at the chart. There is still a down trend as the moving averages are acting as resistance.
There are three signs of accumulation over the last 3 months. This includes a Wyckoff spring in May on heavy volume. An example of spring below.
Ann: Trenggalek Additional Porphyry Target Identified, page-31
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Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $49.89M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.0¢ | 17.0¢ | $23.64K | 136.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 124606 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 94809 | 3 |
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| Last trade - 14.14pm 11/09/2024 (20 minute delay) ? |
| FEG (ASX) Chart |