Higher lows and now a higher high.
Definition of an uptrend.
Above 50 and 200 sma.
Yesterday's boost was on high volume, and the 50-62% retracement today was actually on low volume if you look beneath the surface.
Textbook setup.
If you are still unsure, don't plow in your full clip. Scale in to test the market. If you like what you see, build on your position.
I scaled in back when this puppy was at 3c.
Good luck.
Higher lows and now a higher high. Definition of an uptrend....
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.899M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28407 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 86066 | 2 |
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| Last trade - 16.12pm 19/07/2024 (20 minute delay) ? |
| ZMM (ASX) Chart |
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