Currently for December, the POC is around $5.75. Once this is reached again, I think it will trigger a strong bounce past $6.
Good liquidity around $5.23, with the next level at 5.53. Could carry through tomorrow as not a lot of liquidity within that 30c range. Thats up another 5%.
November's POC was around $4.89. No way this will hit $4 based on the liquidity.
Oh also: - Another vaccine approved today by the FDA through Moderna - The FDA have approved a home Covid testing kit which was developed in Queensland. You get results in 15 minutes with 96% accuracy. Again this could be another relief towards traveling, with more so the international travel. Just another layer of security for health. - Paul Kelly, acting CMO saying the first trial results of the Astrazeneca vaccine being made in Melbourne and are looking promising. - Border checks are still being discontinued state to state.
Back to 6, here we come!
WEB Price at posting:
$5.27 Sentiment: Buy Disclosure: Held
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