First of all I am not an expert at chart analysis but I agreed with you that we had breakout the trend with very big volume and I seems to me a classic breakout pattern (maybe I want to believe in that way haha).
In terms of TA, IMO we saw the reconfirmation (pull back) today which is still a good sign I guess, I was expecting 0.013 today but it closed at 0.012 but it looks okay to me as it is still above the 50 SMA.
So I guess Monday trading will be very important. If SP going up on Monday with decent volume and closed above 100 SMA line then 50 & 100 SMA will be the support line and it will slowly reach to 200 SMA line which is around 0.016 to 0.017, if not then it probably stays around this SP level for some times and try breakout again.
However as I have invested on MCT because of its fundamental I am not overly concerned because I believe I will get MRE shortly in anyway.
Good to see your TA and hopefully we can see up in next week.
All in my opinion only and do your research.
Cheers
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.45M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 33533640 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 499000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 33533640 | 0.002 |
49 | 122995979 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 499000 | 1 |
0.003 | 47395872 | 54 |
0.004 | 57756413 | 15 |
0.005 | 15192706 | 14 |
0.006 | 13470175 | 13 |
Last trade - 13.19pm 29/07/2024 (20 minute delay) ? |
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