Folks: Firstly, A massive thumbs up to Ardea Team and Shareholders. Today's announcement is truly a "company making" announcement. Don't need to say much as we all know why. I thought I will take the opportunity to compare the actual price action with the analysis that I did back in March.
a) The 70c Level (+- 10%) did prove to be quite a sticky area. We struggled to meaningfully breach this up until the cusp of announcement.
b) Now the second key level is that "90c to $1" level where we have a strong history of resistance - especially around positive announcements and positive macro forces. I am not surprised to see this level is holding up despite a very positive announcement today.
As promised I will have a rethink and reassess where we go from here. But good to see this level holding up. To be honest - I rather we move slow and steady than go up fast and fall down fast.
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Last
47.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $93.85M |
Open | High | Low | Value | Volume |
46.0¢ | 47.0¢ | 45.0¢ | $13.31K | 28.74K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 11337 | 43.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
47.0¢ | 689 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 11337 | 0.430 |
1 | 7150 | 0.420 |
1 | 10000 | 0.410 |
2 | 26950 | 0.400 |
1 | 10000 | 0.395 |
Price($) | Vol. | No. |
---|---|---|
0.470 | 689 | 1 |
0.480 | 35000 | 1 |
0.485 | 16761 | 1 |
0.490 | 23698 | 2 |
0.495 | 2000 | 1 |
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