Just looking at the RSI you can see we were in overbought for the first 3 red days. I suspect it was suppose to be a small correction, as the volume was fairly low and even over 3 days. Then the US shit the bed and started tanking the markets. This has led to driving the price down snapping up any stop losses. Now we are heading to oversold, and due for a rebound. I'm not a chartist or anything, I just look at simple indicators (MACD, RSI, Bollinger, OBV etc).
Nothing has changed, buy the dip and hold (I've bought over the last few days, and will buy more). The tech still works, no-one said it's failed. They are making IMPROVEMENTS to capture a larger market more efficiently. In the webinar they said transferring to fab is the final phase of research. You cannot have a prefect product in the lab ready to go in real life. If anyone here has done ANY installation work you know what it's like.
4DS is down 18% so it's not just us.
Just looking at the RSI you can see we were in overbought for...
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Last
$1.87 |
Change
0.050(2.75%) |
Mkt cap ! $353.2M | |||
| Open | High | Low | Value | Volume |
| $1.82 | $1.90 | $1.80 | $722.2K | 387.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10985 | $1.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.88 | 10033 | 3 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| WBT (ASX) Chart |