Hi Vulture, yes I agree with your $0.165 support for next week. Another dip down to $0.185 would not hurt the weekly trend rise but what is concerning is that after only two days into this week I see the early signs of a divergence forming on my weekly chart. That would disappear though if we get any sort of rally from here.
Yesterdays action was interesting, there were only 4 trades before lunch & only about 10k volume, I actually thought we may have got the update I had predicted but sadly it didn't happen.
The daily chart looks to be sitting on support at the $0.195 level so we may see & kick up to $0.205 again today.
I am still looking for the push back up to the previous highs which would confirm any chart pattern breakouts & that the up trend will continue. If the market believes that an update is still coming soon then I would expect the uptrend to start again after this retracement.
chart, page-841
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Mkt cap ! $3.050M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000000 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 44999 | 2 |
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No. | Vol. | Price($) |
---|---|---|
1 | 1000000 | 0.012 |
2 | 449692 | 0.011 |
3 | 488999 | 0.010 |
3 | 438666 | 0.009 |
2 | 190682 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 44999 | 2 |
0.015 | 201174 | 2 |
0.016 | 3124 | 1 |
0.017 | 250000 | 1 |
0.018 | 418098 | 3 |
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