not alot new to say, we've commenced this flag/pennant move i've mentioned before, next target is 19c
but just a small detail, using an Accumulation/Distribution indicator, there were signs over the last week that the upward move might have been a false break, i've circled the area in question where price was moving up but there was a divergence on the indicator.
Anyway, today we got a convergence again, with the indicator turning up to match the shareprice, suggesting that this is a legitimate uptrend re-commencing now as opposed to a false move. In plainspeak, the bulls are taking charge here again. This was further backed by the fact that you could actually see the sellers at 14c dropping their orders today - in other words the sellers are capitulating and opening up a clear path forward.
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Last
24.0¢ |
Change
-0.015(5.88%) |
Mkt cap ! $43.04M |
Open | High | Low | Value | Volume |
25.5¢ | 25.5¢ | 22.5¢ | $534.1K | 2.252M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 142801 | 23.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.0¢ | 30202 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 142801 | 0.235 |
3 | 110050 | 0.230 |
5 | 161950 | 0.225 |
3 | 201000 | 0.220 |
1 | 25000 | 0.215 |
Price($) | Vol. | No. |
---|---|---|
0.240 | 30202 | 1 |
0.245 | 25743 | 2 |
0.250 | 75000 | 1 |
0.260 | 68882 | 2 |
0.270 | 25814 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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