Zeo has been in a consolidation phase for some time now.
Tax loss selling has been evident across the board this June, as everyone has a lot of profits from the financial year.
The stock gave a small false break low at 6.8 last Thursday and then gave a buy signal on the daily chart on Friday.
A weekly chart buy signal will be generated with a close above 7.3 this Friday.
The 200dma is slowly climbing...adding to support.
Sellers appear to be dwindling, with the June turnover the lowest monthly volume in over 1 year.
Stock appears to be settling in strong hands.
Zeo has been in a consolidation phase for some time now.Tax loss...
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Last
3.2¢ |
Change
-0.001(3.03%) |
Mkt cap ! $56.10M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.3¢ | 3.1¢ | $30.01K | 942.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 483870 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 183240 | 1 |
View Market Depth
| Last trade - 11.57am 26/07/2024 (20 minute delay) ? |
| ZEO (ASX) Chart |