Couple chart updates to prev ones with some notes in blue plus a stripped back chart that has similarities to Wyckoffs thinking.
Previous HERE and HERE
Seeing some buyers stepping up but being hit by supply. Needs some bigger buying to overcome bears & drive SP further and / or a helping FA hand with unexpected positive ANN so pricing not built into current SP. A bearish chart is not always entirely reflective of a companies overall potential...just where the mkt sees it in the current environment & business cycle.
Part of the reason still on the side line watching but giving me time to research, read some very informative posts and decide where I feel an entry point would be for me.
As we know, Wyckoffs 3 simple observations - effort & result, cause & effect, demand & supply come into play and have pasted some info end of post.
Liking the story, tech, inroads to commercialisation & partnerships, but jury out on chart just now. As a previous noted scenario, seeing some ranging but as other posters pointed out, a poss descending triangle pattern. Obviously would need to complete to confirm or fail but worth noting.
Chart, page-16623
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Last
28.5¢ |
Change
-0.005(1.72%) |
Mkt cap ! $526.0M |
Open | High | Low | Value | Volume |
28.5¢ | 29.5¢ | 28.0¢ | $1.078M | 3.750M |
Buyers (Bids)
No. | Vol. | Price($) |
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25 | 894750 | 28.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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29.0¢ | 164280 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 160832 | 0.315 |
1 | 29748 | 0.310 |
1 | 1048 | 0.300 |
4 | 258478 | 0.290 |
25 | 909514 | 0.285 |
Price($) | Vol. | No. |
---|---|---|
0.265 | 15039 | 1 |
0.270 | 176244 | 9 |
0.275 | 14402 | 1 |
0.285 | 124762 | 5 |
0.290 | 164280 | 7 |
Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
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Last
28.8¢ |
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Change
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Open | High | Low | Volume | ||
28.5¢ | 29.0¢ | 28.5¢ | 2077203 | ||
Last updated 15.59pm 01/05/2024 ? |
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