88E 33.3% 0.2¢ 88 energy limited

I feel like i need to add a technical perspective here. i know...

  1. 137 Posts.
    I feel like i need to add a technical perspective here. i know some people dont agree with this goop so short in the process, but i feel like we have a little more data to work with now since last year.

    from start of 2017 we have more-or-less been trading sideways, as of the last two weeks i can see trends starting to shape up on the MFI and OBV, suggesting to me some bullish divergence, even as it happens on very light volume an relatively long term. %R reflects a bottom (double may be) suggesting oversold territory and a perfect buying opportunity (i know i have taken advantage of this and accumulated). ADX looks like its setting up nicely.. so the question i have to ask is is this just gana drag out for a few more months or are we going to see a nice gentle uptrend?

 
watchlist Created with Sketch. Add 88E (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
-0.001(33.3%)
Mkt cap ! $57.78M
Open High Low Value Volume
0.3¢ 0.3¢ 0.2¢ $15.57K 6.090M

Buyers (Bids)

No. Vol. Price($)
247 357247800 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 616017987 229
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
88E (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.