I am so glad to have been wrong on this one! Honestly quite happy that it did not play out and that push down to 0.28 was rejected a few time eitherwise there could have been some trouble for us this week.
This is the hourly - each time, we bounced off the 0.28 last week to eventually push up and close the week out on 0.30
On the weekly, we saw indecision as indicated by a Doji candle and for us, that indecision occured after a long few weeks of downward SP movements, eventually rejecting any further decreases in SP and setting us up for a positive week ahead and in my opinion a bullish reversal.
On the 2 hour chart, im looking for a nice cup n handle formation which could occur over the new few days/week or so...on this I'll probably look for confirmation either around 0.345, before eventually breaking through 0.36 again.
Anyway - I feel like we've been here before... how about you?
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Last
30.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $588.2M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 31.0¢ | 29.5¢ | $2.519M | 8.363M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 255404 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 226506 | 5 |
View Market Depth
| Last trade - 16.11pm 23/06/2025 (20 minute delay) ? |
| BOT (ASX) Chart |