I thought I would provide a bit of my thoughts so far.
From a fibonacci perspective I think the key resistance is obviously 0.40 and the next target and resitance is 0.47.
From an elliot wave perspective I feel that we haven't completed our 5 wave impluse. I would expect this to occur next week and potentially touch the 0.47 mark.
I say this as the 3rd wave is the large upward bar- and we are currently consolidating in the 4th wave.
I will say again how impressed I was with the lack of Friday afternoon sell off- showing the strength in demand for this security.
From a purely technical perspective I would conclude that this run isn't yet finished and next week should see 0.47.
That is why I sold out today- but then bought back in prior to close.
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Last
8.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $39.50M |
Open | High | Low | Value | Volume |
8.7¢ | 9.0¢ | 8.7¢ | $8.563K | 96.74K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15892 | 8.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.0¢ | 76867 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15892 | 0.087 |
4 | 117255 | 0.086 |
3 | 118000 | 0.085 |
1 | 2500 | 0.084 |
1 | 62200 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 76867 | 2 |
0.091 | 153204 | 2 |
0.092 | 39999 | 1 |
0.094 | 10000 | 1 |
0.095 | 58100 | 2 |
Last trade - 15.35pm 10/10/2024 (20 minute delay) ? |
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