Vol and price suggest to me that traders are sitting below the 62% Fib waiting to join a breakout trade...these set ups are a 50/ 50 bet though until price closes above the 62% Fib for a couple of days in a row ..its about then when the odds of a sustained rise increase dramatically as traders commit to a run.
Chart, page-14
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 (20min delay)
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Last
22.5¢ |
Change
0.005(2.27%) |
Mkt cap ! $447.7M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 22.0¢ | $154.3K | 696.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4545 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 117781 | 4 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
22.0¢ |
Change
0.005 ( 2.09 %) |
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| Open | High | Low | Volume | ||
| 22.5¢ | 22.5¢ | 22.0¢ | 336194 | ||
| Last updated 15.58pm 07/05/2024 ? | |||||
| MEI (ASX) Chart |