charts are pretty ambiguous - depends on your time frame. Daily says its a bit hot Weekly says its just starting. Perhaps a bit of both.
My gut feel is down a bit - perhaps until the 20 day MA catches up with it and bounce up from there.
Until we get a more consistent news stream some roadshows, newsletter recommendations or what not there is nothing to drive people in. It came up on the last announcement and quarterly - but without more it is going to drift down.
I like to think it should be over 50c - the long term moving average, but Mr Market does not seem to agree. I think Mr Market is of the opinion he can get in well under 50c if he waits.
chartists, page-2
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Last
$1.68 |
Change
-0.050(2.89%) |
Mkt cap ! $1.820B | |||
| Open | High | Low | Value | Volume |
| $1.69 | $1.70 | $1.67 | $1.744M | 1.038M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 13981 | $1.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 24956 | 25 |
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| Last trade - 11.26am 24/06/2024 (20 minute delay) ? |
| GOR (ASX) Chart |