The chart seems to be showing some eagerness from buyers.
Price closed over 200day ema.
Down thrust hitting some stop-losses maybe and a spring up.
Whether or not it's going to continue up-trending is anyone's guess but I think these types of structures should attract some interest from various traders depending on their risk appetites.
The monthly chart is shown below:
The volume indicator is a bit misleading since there was a 10:1 consolidation.
aimo
another perspective to consider:
https://calvincaller.com/2019/06/27...d-psc-ax-schaff-indicator-nearing-key-levels/
Charts thread, page-34
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 (20min delay)
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Last
16.0¢ |
Change
0.010(6.67%) |
Mkt cap ! $75.46M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.0¢ | $333.2K | 2.108M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 188520 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 897102 | 6 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
16.5¢ |
Change
0.010 ( 13.8 %) |
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| Open | High | Low | Volume | ||
| 15.5¢ | 16.5¢ | 14.5¢ | 619129 | ||
| Last updated 15.46pm 17/05/2024 ? | |||||
| PSC (ASX) Chart |