The chart is showing short term support in the low 20's. It is holding the 38.2% fib retrace level. Yesterdays candle a bullish spinning top. If a green Spinning Top is observed after a decline or a long red candlestick, this implies weakness among the bears and it is a warning about a potential change or interruption in trend. Low volume also suggests we may have seen the last of the short term profit takers from the announcement.
Good luck to all holders.
cheers
Ange
chart shows support
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Last
$1.10 |
Change
-0.030(2.65%) |
Mkt cap ! $39.10M | |||
| Open | High | Low | Value | Volume |
| $1.10 | $1.10 | $1.10 | $1.595K | 1.45K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 16876 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 6496 | 1 |
View Market Depth
| Last trade - 10.08am 21/06/2024 (20 minute delay) ? |
| NGE (ASX) Chart |