Ans -were not out the woods yet - lots of resitance levels to breach.
- We bounced on support 9.2
- Then we broke up through the 20 day moving average after a long period of consolidation/ downturn-thats has prooved very bullish the 2 times before.(see below) and (hopefully without jinxing it) - is a classic bull reversal signal.
But still many resitance levels to go on the stairway to heaven.
1. We breached 11.5 cent resistance today briefly.(better if we can close above it)
2. 12 cents next
3. then were good till 14.5 cents
4. then 16.5 cents
5. then 18.5 cents
6. Then were looking good again. At least all the resistance levels are like a ladder we can climb step by step, each resistance broken through forms a new support (in theory)
IMO We should need to see more volume to have a convincing rally on our hands. But IMO from my experience price rises often create the volume - not the other way around as is traditionally taught in tech analysis
Most people buy them when they like them and sell them when they hate them. It's the natural human condition.
GLTA!
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.71M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $15K | 1.5M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 8894096 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 1410993 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 8894096 | 0.010 |
12 | 3177330 | 0.009 |
6 | 1556074 | 0.008 |
3 | 1088560 | 0.007 |
4 | 3736675 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 1410993 | 4 |
0.012 | 4209134 | 8 |
0.013 | 5218663 | 9 |
0.014 | 946700 | 4 |
0.015 | 3233666 | 5 |
Last trade - 10.09am 11/11/2024 (20 minute delay) ? |
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