Well, it's all happening very fast, but all going "according to Hoyle", as it is clear VMT is going through a re-rating as both the SP action and the perceived Funnymentals are all in tune. My expected S/T consolidation(above 3c) WAS S/T ... barely two days ... before our current swift run to 4c(whoops, I now see 4.1c as I write). Sure, this also could be it right here and we get yet another VS/T profit take(as I have shown on my updated chart below) BUT equally sure we could "zoom" right on through to that 1st target(of mine)...4.8c. What is 'technically' obvious is that now we have 'smashed' that 3.5c level(and we are going to get a Weekly close above there tonight) it all but(technically) confirms a move to 4.8c min and a strong likelihood of 5.8c as mentioned previously.
Of course this is just one Chartist's POV(but I have a few "buddies" on side, right!).
chart, page-2
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.18M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.5¢ | $8.817K | 76.66K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 111995 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 128997 | 4 |
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| Last trade - 13.01pm 27/09/2024 (20 minute delay) ? |
| VMT (ASX) Chart |