Good news is that shorts are indeed starting to drop off now, good money has been made shorting this back to $1 to $2 range (despite cheerleaders telling you otherwise) but that means the chance of any kind of squeeze is now pretty remote.
The bearish engulfing for last month is not a positive indicator!
I suspect this could continue to slide back to sub $1. News flow is very minor in nature. They either needs a massive trial outcome now or a big ass director buy up to bring the buyers back and stymie the profit takers.
Anyway, GL to all. Buying over the longer term still looks OK, but it's a falling knife at the moment and it will take some time to turn sentiment around and see profits on any current buy.
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Last
$1.55 |
Change
-0.020(1.27%) |
Mkt cap ! $264.0M |
Open | High | Low | Value | Volume |
$1.59 | $1.62 | $1.51 | $218.3K | 138.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 95 | $1.53 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.55 | 157 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 29100 | 1.500 |
1 | 353 | 1.470 |
2 | 3444 | 1.440 |
3 | 101000 | 1.420 |
4 | 14785 | 1.400 |
Price($) | Vol. | No. |
---|---|---|
1.550 | 157 | 1 |
1.580 | 6715 | 2 |
1.600 | 2319 | 1 |
1.620 | 5327 | 1 |
1.630 | 1270 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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