im expecting an explosive move here shortly from a technical pov,inside days lower volume(fair enough,xmas),indicating indecision.. ,hammer low on 11th,engulfing candle 2 days later and doji,then long white candle on the 24th all =bullish.decent support @2.25.in solid downtrend,possible bearish penant type pattern forming,short term resistance 2.50ish.=bearish.over all a reverse head and shoulders could be in the making with the neckline being around 331/3.38.
fundamentally at current price is around cash in bank, a decent find by the looks,initial 6/8k boepd,a free carry on the nws,results due for the 2nd dst and possible takeover target,the later two would probably be the catalyst for the explosive move,and for me I think north ,a quick run up to 3.30 to form the head.I have taken a initial @ position 2.30 with stop now at a close below 2.25 and will add to the position when a close above 2.5 is achieved
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Last
$1.91 |
Change
-0.035(1.80%) |
Mkt cap ! $1.526B |
Open | High | Low | Value | Volume |
$1.96 | $1.96 | $1.89 | $8.984M | 4.693M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 22000 | $1.90 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.91 | 33905 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 22000 | 1.900 |
3 | 118180 | 1.895 |
16 | 109326 | 1.890 |
4 | 101603 | 1.885 |
10 | 121670 | 1.880 |
Price($) | Vol. | No. |
---|---|---|
1.910 | 33905 | 3 |
1.915 | 126663 | 8 |
1.920 | 99634 | 5 |
1.925 | 5232 | 1 |
1.930 | 62106 | 3 |
Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
$1.90 |
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Change
-0.035 ( 2.33 %) |
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Open | High | Low | Volume | ||
$1.96 | $1.96 | $1.89 | 1527029 | ||
Last updated 15.59pm 29/04/2024 ? |
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