Momentum on the stock has gone very strong, considering the volume had dropped last a few days. We are hitting higher highs, this is very positive when the volume has been low. Squeeze was released at 37c respectively and changed the momentum. As mentioned previously, once we break the old resistance at 53c, expect us to touch above 65c respectively. However,volatility is over the roof for the stock. Current Resistance is at 0.495c and 53c with major support being 33c...the most beautiful thing is that we have formed very strong pattern " 3 white soldiers". Some overbought conditions on technical indicators, but who cares, they stay overbought for a while.
ZNO (3 White Soldiers, last three trading sessions )
The three white soldiers candlestick pattern suggests a strong change in market sentiment in terms of the stock, commodity or pair making up the price action on the chart. When a candle is closing with small or no shadows, it suggests that the bulls have managed to keep the price at the top of the range for the session. Basically, the bulls take over the rally all session and close near the high of the day for three consecutive sessions.
Momentum on the stock has gone very strong, considering the...
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 (20min delay)
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Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.655M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.8¢ | 2.7¢ | $12.32K | 450.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 569609 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 914800 | 1 |
View Market Depth
| Last trade - 15.59pm 17/05/2024 (20 minute delay) ? |
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Last
2.7¢ |
Change
0.000 ( 3.85 %) |
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| Open | High | Low | Volume | ||
| 2.7¢ | 2.7¢ | 2.7¢ | 135200 | ||
| Last updated 15.57pm 17/05/2024 ? | |||||
| ZNO (ASX) Chart |