It would appear as though a bottom may have been formed and a technical rebound could be in play. Greater than 50% retrace and low volume Mums and Dads selloff over past 3 days.
Off market avg buy order volume exceeding sell volumes by around 5:1 at the moment.
Still low volume today, but any postive movement against overall market sentiment may proove to be very positive in the short term.
Looking for a 6.5-7.0 trading range within the next week, prior to a retest of highs, based on revenue generating potential being marketed correctly.
IMO
DYOR
awaiting confirmation of bottom
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $49.36M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.1¢ | 2.0¢ | $33.18K | 1.658M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 2717347 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 723484 | 6 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ADO (ASX) Chart |