Consolidation in the mid 6's on lower volume would be healthy. Looking like it will be a sub 20 million trading day today, way less than yesterday's 58 million. Let's see where we finish today. Then watch for similar action tomorrow on hopefully further reduced volume.
To be expected that there will be sellers at this level. We've been conditioned to sell in the 6's. The successful move in July 2016, ditto in 2020 and 2021. Plenty who didn't then will likely be doing so now. These sellers need to be flushed out as we await news flow. So lower volume, consolidation in mid 6s is constructive and sets us up.
As always just my opinion.
Consolidation in the mid 6's on lower volume would be...
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Last
1.5¢ |
Change
0.001(3.57%) |
Mkt cap ! $60.02M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.5¢ | 1.3¢ | $83.67K | 6.041M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1338808 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 7268389 | 7 |
View Market Depth
| Last trade - 15.44pm 31/05/2024 (20 minute delay) ? |
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Last
1.4¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 1.4¢ | 1.4¢ | 1.3¢ | 7113774 | ||
| Last updated 15.06pm 31/05/2024 ? | |||||
| AZY (ASX) Chart |