Hah!!! Very funny graphic Doyle
The contraction (volume too) looks good to me, because of the context (zooming out, it's part of a larger up-trend).
I'm curious as to whether others look at it this way?
Probably dumb luck, but it's basically the only setup that I've had consistent wins with in the past.
FWIW, it applies to both sides for me too. If the price/vol contraction were occuring in a down trend, I'd be packing up half my stash and getting ready for stinky fingers.
Totally agree with everyone that news could (probably will) actually make/break it, but I'm keeping in mind that they often just go for an unprompted run after volume falls off a cliff?
Anyway, too many words to ask a question of people. Lockdown - bored - sorry hahaha
Good luck!!
Chart, page-3993
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 (20min delay)
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Last
8.5¢ |
Change
-0.002(2.30%) |
Mkt cap ! $76.63M | |||
| Open | High | Low | Value | Volume |
| 9.0¢ | 9.2¢ | 8.5¢ | $81.76K | 928.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 189228 | 8.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.9¢ | 10352 | 1 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
9.0¢ |
Change
-0.002 ( 2.27 %) |
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| Open | High | Low | Volume | ||
| 9.0¢ | 9.0¢ | 9.0¢ | 1 | ||
| Last updated 10.35am 06/06/2024 ? | |||||
| PER (ASX) Chart |