This is a chart over a very much shorter time frame than Dory's- looks different but means the same. Dory's chart carries more weight as the footprint is larger.
SP clearly moving in an up-trend. Nice increase in volume has crept in, cash is confidence. My take on it is once $0.26 evaporates it will gain extra momentum. Increasing higher lows bodes well for a SP climb.
The caveat I put on this chart is I suspect the up-chanel will most likely in reality end up being steeper than what is depicted here as the SP has previously traversed these price levels so should slip through them quicker on good volume. Happy trading!
Chart, page-414
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $139.9M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 13.0¢ | $22.68K | 171.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 56000 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 67504 | 1 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
13.0¢ |
Change
-0.005 ( 7.14 %) |
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| Open | High | Low | Volume | ||
| 13.5¢ | 13.5¢ | 13.0¢ | 39632 | ||
| Last updated 15.55pm 06/06/2024 ? | |||||
| FLC (ASX) Chart |