That discussion above about tech analysis V announcments: Both right!
Today a symetrical triangle is playing out suggesting punters are undecided about which way to go. Why? because....wait for it....everyone is waiting for an announcment!! Which is usually already built into the price to some extent, so it had better come and it better be positive.
Even without an announcment, a coy without 'fundamentals' and only 'potential' (like an explorer) will at best, drift down from this point as I've seen so many times. Unless other externalities are at play - anyone notice unusual goings-on over the past few months?
Chart, page-299
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24.0¢ |
Change
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Mkt cap ! $564.2M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 24.0¢ | 22.8¢ | $1.990M | 8.443M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 243000 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 607196 | 8 |
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