10-Apr-2024 : Keeping it Simple with Price Action & Technical Analysis.
Update on my previous post on 19-Mar-2024 : 19-Mar-2024 SPN Post
Compare the Daily chart today, to the analysis post and chart on 19-Mar-2024;
* The Support zone at around 0.24 as marked then, stayed intact.
* The consolidation and RSI divergences yielded the expected outcome, with the HUGE volume yesterday and today, and price jumping 16 % !!
* RSI has crossed above 50 ( mentioned in 19-Mar post), and the strength displayed resulted in a gain of 16% today.
All this post the "Good" news in the last few days and positive coverage in The Australian.
Now we know.. what's been cooking..
A satisfying objective technical analysis at the right turn of the events to catch the wave early.
10-Apr-2024 : Keeping it Simple with Price Action & Technical...
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.81M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 16.3¢ | $1.42K | 8.715K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 24332 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 81011 | 4 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| SPN (ASX) Chart |