The CM8 chart is certainly now indicating a breakout to the upside with the continual formation of inside bars.
IMO its looking like we should certainly see higher prices. On the back of good revenue news price will head back above 3c.
There is also a lot of accumulation happening at this level.
CM8 Chart Indicating Breakout to UPSIDE
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 (20min delay)
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Last
1.7¢ |
Change
0.001(6.25%) |
Mkt cap ! $20.79M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.7¢ | $14.01K | 824.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 518078 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 1012697 | 5 |
View Market Depth
| Last trade - 15.57pm 16/05/2024 (20 minute delay) ? |
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Last
1.7¢ |
Change
0.001 ( 6.25 %) |
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| Open | High | Low | Volume | ||
| 1.7¢ | 1.7¢ | 1.7¢ | 197684 | ||
| Last updated 15.57pm 16/05/2024 ? | |||||
| UNT (ASX) Chart |