quick update to chart
its well and truly a distribution phase no doubt about that .. every potential bullish setup in this downtrend has just been brushed aside ... each and everyone failing. but today we have a potential selling climax.. at some point in time the weaker holders will bail possibly today is yet another example. as @Dr.Seuss has pointed out they believe Monday may form a ST bottoming. if that is the case imo would likely want to see some more climatic action and really up the volume. if that happens maybe the downtrend will be stalled .. if so and successful testing of it is seen that may provide a low risk entry, far better than any that have been suggested in this fall. this distribution is imo so easy to spot not sure why so many attempt to push something uphill against the tide.
Bullish Chart, page-78
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $16.22M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $1.543K | 129.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 3283876 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 8352781 | 7 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| EXT (ASX) Chart |