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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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $59.78M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $3.035K | 28.90K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 54541 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 9973 | 1 |
View Market Depth
| Last trade - 13.47pm 30/08/2024 (20 minute delay) ? |
| PSC (ASX) Chart |