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
25.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $473.2M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 28.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.5¢ | 47875 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 0.280 |
1 | 24600 | 0.265 |
4 | 25315 | 0.260 |
16 | 467296 | 0.255 |
43 | 1251843 | 0.250 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 47875 | 1 |
0.245 | 30000 | 1 |
0.250 | 1846034 | 3 |
0.255 | 537664 | 3 |
0.260 | 273873 | 4 |
Last trade - 09.42am 22/05/2024 (20 minute delay) ? |
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Last
26.0¢ |
  |
Change
0.000 ( 1.72 %) |
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Open | High | Low | Volume | ||
25.5¢ | 26.0¢ | 25.5¢ | 267810 | ||
Last updated 10.05am 22/05/2024 ? |
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