Seriously, you cannot accurately chart a stock that has made a parabolic move. Its just guess work when its gone into the parabolic state. I hold, so don't hate on me, but a chart right now is meaningless. Perhaps an hourly would be worth looking at for traders but the volume now is so low and the moves so great that its probably not useful either. Up over 10% yesterday, down 7% today. Volume has disappeared, although lets remember there are only 40+ million shares available to trade.
However, IMHO this price action is not dissimilar to stocks like SIR, SFR, CHN, DEG in their early stages. Let's see if its the real deal over the coming months.
Charting WMG, page-9
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Last
30.0¢ |
Change
0.020(7.14%) |
Mkt cap ! $23.05M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 30.0¢ | 28.5¢ | $1.904K | 6.521K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 69795 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 37000 | 2 |
View Market Depth
| Last trade - 11.35am 19/08/2024 (20 minute delay) ? |
| WMG (ASX) Chart |