There's some technical clues that could point to a bottom, but we haven't seen them yet. The big hammer on volume a few days ago was a potential, but no follow through. Need nice white candles after. Next, you probably need a couple of higher lows and highs put in before more potential. Also need some horizontal and diagonal resistance broken. None of this has occurred so far, so any call of a bottom is just wishful thinking. For MAK, until it breaks down trendline resistance around the $1.25 mark, and critically, $1.30-40 ish, it's not going back up.
There's some technical clues that could point to a bottom, but...
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $29.74M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $4.126K | 412.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 142059 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 4589025 | 6 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| AEV (ASX) Chart |