You cannot take technical analysis seriously on a penny stock that trades with very little volume on average.
That whole analysis from buysellsignals is based on and the product of one day's rise that had no backing to it. Take that day out and then look at it. If they had TA'd it a day earlier it would show a VERY different story. Those figures are just punched through an automated system that you need to look at in relevance to what the share is actually doing.
Unfortunately there is no substance to any of those figures sorry johnfisher.
You cannot take technical analysis seriously on a penny stock...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.994M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1799999 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 5205399 | 8 |
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