Actually agree to some extent with your analysis.
From a TA perspective the follow through above 20 cents was weak and hence it could drop further.
Was disappointed to not see it continue. Feels like a few holders are just trying to hold it around this level until it's ready.
If trading on a short term time frame then this could be possible.
I guess everyone works on different time frames, the problem is once the money finally comes (which it does with this stock quite quickly) you could be left behind. Come June though I don't see it staying at these levels.
We should welcome all opinions!
Cheers
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Last
29.5¢ |
Change
0.010(3.51%) |
Mkt cap ! $472.5M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 30.8¢ | 28.0¢ | $1.990M | 6.706M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 439801 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 85217 | 6 |
View Market Depth
| Last trade - 12.58pm 21/05/2024 (20 minute delay) ? |
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Last
29.0¢ |
Change
0.010 ( 0.14 %) |
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| Open | High | Low | Volume | ||
| 29.0¢ | 30.5¢ | 28.0¢ | 2364943 | ||
| Last updated 13.04pm 21/05/2024 ? | |||||
| BOT (ASX) Chart |