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
$1.81 |
Change
0.015(0.84%) |
Mkt cap ! $1.446B |
Open | High | Low | Value | Volume |
$1.82 | $1.82 | $1.78 | $6.321M | 3.510M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 273894 | $1.80 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.81 | 218059 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 232773 | 1.800 |
2 | 21833 | 1.795 |
6 | 37916 | 1.790 |
8 | 150168 | 1.785 |
17 | 99156 | 1.780 |
Price($) | Vol. | No. |
---|---|---|
1.805 | 75654 | 5 |
1.810 | 128577 | 3 |
1.815 | 76001 | 5 |
1.820 | 6993 | 2 |
1.825 | 62261 | 2 |
Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
$1.80 |
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Change
0.015 ( 0.01 %) |
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Open | High | Low | Volume | ||
$1.81 | $1.82 | $1.78 | 513202 | ||
Last updated 15.59pm 31/05/2024 ? |
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