The problem with using technical analysis when you've already formed a view using fundamental analysis is that you go looking for indicators to support your fundamental view. Hence the coiled spring in the original post. Looking at the chart now, I reckon the price needs to quickly get back above 10c or it's going to get stuck in the old 5-10c trading range.
The problem with using technical analysis when you've already...
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 (20min delay)
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Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $51.83M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.1¢ | $7.817K | 372.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 192257 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 944185 | 6 |
View Market Depth
| Last trade - 15.43pm 20/06/2024 (20 minute delay) ? |
| ADO (ASX) Chart |