Hi @fancypants - agree with your view on the fundamentals.
Looking at the chart, the damage from the CR looks to be contained for now. Volumes have since tapered off to barely anything, so all holders and non-holders are content with their positions.
It's all about the 19.5c level. If/when we can break through on volume, things could happen quickly. The 200EMA is providing support at current levels so hopefully the range tightens up as it continues trending upwards.
Which is all a roundabout way of saying - bring on a catalyst and we'll be away
Comet set to bounce, page-2
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $188.3M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.5¢ | $76.57K | 453.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 88307 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 691952 | 3 |
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| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| COI (ASX) Chart |