Technically it has broken out of this triangle now as it is trading above the upper resistance line.
However - We will need volume to confirm it. Volume is very important as it is an indicator of the strength of the move. Unfortunatley the sell off has been on low volume so it may take a while to become clear.
If volume does follow and the price does stay above 5.5, then we should be in for another run.
IMO
DYOR
Technically it has broken out of this triangle now as it is...
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Last
2.1¢ |
Change
0.001(5.00%) |
Mkt cap ! $51.83M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.0¢ | $6.865K | 328.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 1999959 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 218775 | 3 |
View Market Depth
| Last trade - 15.50pm 25/07/2024 (20 minute delay) ? |
| ADO (ASX) Chart |