Baz,
I don't want to be a killjoy but it was not a good candle today (inverted hammer/gravestone, which forecasts a reversal after an uptrend). Some indicators look a bit overbought, too. I will wait to see tomorrow's candle before making a decision on my trading parcel... Need big cajones to sell now IMO and I doubt I will. I'll probably hold and buy more on any retrace - I still haven't got my fill yet.
I make the 38% fib ext to be just below 7c so that might be the resistance. Not tested yet but 5.7 might act as support after being resistance for so long... if we get back that far.
Will post a chart after tomorrow's candle. Needs to hold 6.7 tomorrow IMO.
BUT been in this thing too long to take anything for granted.
Cheers,
C12
Baz,I don't want to be a killjoy but it was not a good candle...
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Last
13.8¢ |
Change
0.003(1.85%) |
Mkt cap ! $39.40M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.8¢ | 13.5¢ | $2.074K | 15.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21133 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 67030 | 2 |
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| Last trade - 15.46pm 25/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |