Thought I might try a graph,
This is the daily chart, not much good news here with its gradual downtrend from its last high at 24c.
Hopefully since it's touched its corresponding low of 16c in April it has reached its bottom(fingers crossed)!
The last 3 candles all remaining at the 16c mark may indicate this support with the doji saying indecision to drop is strong. May go sideways for a bit longer or rise from here, it's probably a safe entry now, IMO!
This is the 3year chart with weekly candles, the recent downtrend is visable, not much info here unfortunately except for the small volume of trades and the tight trading band at the end of graph! How I read this is people are waiting for news and progress. If we see large volumes with not much price movement then a breakout might be coming. More positive news and a rise in old would help.
ARV Chart & TA, page-3
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 (20min delay)
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Last
1.3¢ |
Change
-0.002(13.3%) |
Mkt cap ! $22.93M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $25.50K | 1.827M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 4537668 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 100797 | 1 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
1.4¢ |
Change
-0.002 ( 3.57 %) |
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| Open | High | Low | Volume | ||
| 1.3¢ | 1.4¢ | 1.3¢ | 145625 | ||
| Last updated 15.19pm 07/06/2024 ? | |||||
| ARV (ASX) Chart |