Amigos, we are approaching a very interesting point on the chart, IMO. The chart below is Meteoric's shareprice for the last 6 months with the weighted moving averages for 200 days (dark blue), 50 days (light brown), 9 days (dark brown). Also, it includes the PSAR (Stop & Reversal) which at the moment is saying 3 cents is the price for the trend reversal (ie to go from bearish to bullish). I've marked the three bearish cross-over points with a red dash on the chart (the first one was early Nov, next was mid Dec and next was about 1 Jan). I've put a green question mark for the "projected" bullish cross-over. It hasn't happened yet, so it is a risk at this stage. There are two things to worry about. 1) The habit of "sell on the news" regardless. 2) If for some reason, the labs can't get the process completed by the end of Feb, some shareholders may dump the stock (as we saw on 16 Dec). Having put these possibilities out there, remember that we are punting on a specky, which is an active explorer and things are volatile during discovery. So if we sell on these fears, then we could miss out on the bounce that may occur, particulalry if the next announcement is a beauty. Decisions, decisions, decisions.
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Last
9.4¢ |
Change
-0.011(10.5%) |
Mkt cap ! $216.0M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 9.2¢ | $1.038M | 10.69M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 233441 | 9.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.6¢ | 6258 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 203441 | 0.094 |
7 | 383864 | 0.093 |
5 | 198339 | 0.092 |
5 | 323869 | 0.091 |
18 | 831599 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.096 | 6258 | 1 |
0.097 | 50000 | 1 |
0.099 | 100000 | 1 |
0.100 | 223761 | 4 |
0.105 | 1304574 | 17 |
Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
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