Interesting setup, have been oscillating from peaks to the EMA 40 and 50over the past 2 years or so, if this is a turning point, it makes for an interesting one. As it is on a weekly close/ open, if we turn now, we do so on a higher low than the previous cycles high. The last time that happened, the stock ran from the 30's to 70c.
Just purely opinion at present, but looking to hold a close of 62.5c this week, with a higher low next week, as well as looking for that MACD to cross into positives and the momentum to swing to buy.
Chart
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Last
49.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $165.5M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 49.0¢ | 47.5¢ | $22.96K | 47.16K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 159 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 34805 | 4 |
View Market Depth
| Last trade - 15.58pm 09/05/2024 (20 minute delay) ? |
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Last
47.5¢ |
Change
0.000 ( 1.04 %) |
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| Open | High | Low | Volume | ||
| 48.0¢ | 48.0¢ | 47.5¢ | 686 | ||
| Last updated 13.17pm 09/05/2024 ? | |||||
| QGL (ASX) Chart |