EGR 1.05% 9.6¢ ecograf limited

Chart Setting Itself up for a Major Run...., page-172

  1. 12,185 Posts.
    lightbulb Created with Sketch. 1297
    from me too... been a few months since we saw something in the reverse direction... normally it is the other way round - someone plonks a $21 order to close the sp down half a cent...

    not too early to say that the tide has changed as the chart actually shows that the trend HAS reversed and we are 15% above the recent lows...

    all that is wanted now is VOLUME - loads of it to change the game a bit... having seen 0.5m traded every day(on ASX) and half of that on Chi-X, we need 5-6m volume for a sustained flushout of any overhang now... if the volume increases, there will be many tempted to sell their shares and that should see the sell side getting a respectable number...

    I think next week is going to be decisive to see if this BREAKOUT (on paper thin volumes) is the real deal or not... on a more sustained volume, this will be fully tested imo... and of course, some news would definitely help too...
 
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9.6¢
Change
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Mkt cap ! $43.58M
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9.6¢ 9.6¢ 9.6¢ $493 5.131K

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2 49999 9.5¢
 

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9.8¢ 96235 1
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Last trade - 12.51pm 17/09/2024 (20 minute delay) ?
EGR (ASX) Chart
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