Note that today's volume - @ 84m - was the highest since 03 Dec - of 93m - and the prev. volume high on 07 Nov - 108m.
Each of these TWO prev. high volume days preceded periods of 13 & 12 trading days respectively, of drift downward, immediately followed by TWO 4-day price rise periods, the both of them price-peaking at the top (20,2) Bollie Band line on 02 Dec. & 11 Dec. respectively.
A THIRD drift downward occurred, from 12 to 31 Dec. but NOT after another price high,
but ALSO immediately followed by a 7-day price rise peaking ABOVE that (20,2) Bollie Band line - at 5.6-5.7 on EACH of the last 4 days of that 7-day period from 02 - 10 Jan.
So, IMO we are about to experience a FOURTH drift over the next few days, but not by as much in the price,
because BOTH the top & bottom (20,2) Bollie Bands are tightening, and the
MACD (12,26,& 9) is about to cross upward over the zero line
all above interprets being as per my Commsec 6-month Daily Candlestick chart.
I've said before I'm as useless as tits on a bull posting charts on HC - so more than likely l'd expect @W3hunter to post again 1 of his superb charts, perhaps incorporating my data as above, together with appropriate labels?
I'm posting this info this time as a statistician - a rare event for me, as a casual trader.
Trust most of you can follow it all - particularly if you only use Commsec charts too.
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Note that today's volume - @ 84m - was the highest since 03 Dec...
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Last
8.9¢ |
Change
0.004(4.71%) |
Mkt cap ! $97.08M |
Open | High | Low | Value | Volume |
8.7¢ | 9.2¢ | 8.5¢ | $4.694M | 52.70M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 3418000 | 8.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.0¢ | 222222 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 3418000 | 0.088 |
7 | 2994596 | 0.087 |
8 | 3118041 | 0.086 |
14 | 3067794 | 0.085 |
6 | 2009523 | 0.084 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 222222 | 2 |
0.091 | 200000 | 1 |
0.092 | 54084 | 1 |
0.093 | 218300 | 6 |
0.094 | 1199542 | 4 |
Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
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TMG (ASX) Chart |