I looked at this chart earlier and noticed it had increased volume with no movement, I was going to wait to see what happened early tomorrow to comment but that could be the sign that it's done selling down. I rarely look at MA's, I only recently added them to my live charts, i will have to remember to stick them on my eod charts to keep them in mind
Early speculation - this little downtrend might play out as a bull flag which would have an initial target of $3.04 (2.44-1.84+2.44). This mirror target also fits with the flag pole target(repeat of that purple arrow from the break of the downtrend line - if it happens)
It's a great market out there, so many opportunities!
CLV Chart, page-104
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 (20min delay)
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Last
48.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $80.15M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 48.0¢ | 48.0¢ | $1.871K | 3.898K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 61177 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 6123 | 2 |
View Market Depth
| Last trade - 15.16pm 16/08/2024 (20 minute delay) ? |
| CLV (ASX) Chart |