Hi guys, been a while since I posted the my last chart(above), since then the sp has behaved very well and moving up nicely. The 8 million appearing in the buy depth at .022c on Tuesday gave me the confidence to jump back in. Glad I did! As far as the chart goes, it looks very strong, only negative is that it is overbought on the daily slow stochastic which could see some profit taking. DOW has a bit more downside imo, goldies seem to be travelling well last few sessions may well continue but if a little selling kicks in we may see .023c again given it is very overbought on the daily.
The weekly chart looks VERY interesting with a good chance of sustaining a break out above the descending trend line from Dec2007 The weekly slow stochastic have just crossed to the bullish side, setting up nicely as it is still currently in slighty oversold territory so plently of room for upside medium term imo. May well run to .056c imo.
DAILY chart with slow stochastic
WEEKLY chart with slow stochastic
chart, page-19
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Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $97.67M | |||
| Open | High | Low | Value | Volume |
| 2.6¢ | 2.6¢ | 2.5¢ | $26.10K | 1.008M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1354503 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 170096 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| BCN (ASX) Chart |