From my fairly broad and uneducated guess it looks to me like we've closed in on the moving average now at 5.3/5.4 if we cross over this the next stop appears to be perhaps 4.7/4.8.
Though the dip in price from Sept 20 (Close of 6.1) to today is on lower volumes that those that took it up from Sept 13 (close of 5.0) so can we expect volumes to again pick up next week and bounce of the moving average or are the volumes such that we'll break through the MA down to the 4.7/4.8 mark?
I'd like to see another strong wave or two of buying by the charting herd back into the 6's so if anyone can comment on my perceptions or conversely post up a chart with their own it would be appreciated.
charting comments
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Last
12.5¢ |
Change
-0.013(9.09%) |
Mkt cap ! $35.81M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 12.5¢ | $6.335K | 47.44K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 198192 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 67030 | 2 |
View Market Depth
| Last trade - 15.58pm 26/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |