Look at the volume vs price. The most volume on the hourly happened when it touched 1.6c-1.7c, suggesting that that is a resistance. Whereas 1.2c-1.3c has formed a base and there's relatively little traded at those prices.
1c is looking like a low probability event, especially in volume. Unless fundamentals change of course.
Chart Chat, page-236
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Last
34.0¢ |
Change
-0.020(5.56%) |
Mkt cap ! $168.7M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 37.0¢ | 34.0¢ | $220.5K | 614.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 23244 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 54116 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| CTM (ASX) Chart |