SDV 5.13% 41.0¢ scidev ltd

couple of indicators looking good

  1. 5,800 Posts.
    lightbulb Created with Sketch. 96
    The charts for INL are showing a couple of promising signs. The Volume Flow Indicator (VFI) has just crossed up through zero and is pointing sharply northwards. That's good.

    The ADX setup also looks good from a TA point of view, suggesting the start of an uptrend may be imminent. That's also good.

    The MACD has just crossed up through zero. That's good.

    Virtually all other indicators (and I have loads of them) are static, heading sideways, indecisive. Snoozin' and a-cruisin', as they say.

    So, which are the earlier predictors? Of the ones I mention above, the VFI is the one that has the potential to be the earliest predictor of a move to the upside, and that one is looking good.

    So - bottom line - I'm hanging onto my INL shares, and wouldn't be surprised to see them head upwards soon. The lack of volume, and the poor buy depth are a concern, but that VFI is what is keeping me in the stock at the moment.

    Time will tell ;)



 
watchlist Created with Sketch. Add SDV (ASX) to my watchlist
(20min delay)
Last
41.0¢
Change
0.020(5.13%)
Mkt cap ! $75.92M
Open High Low Value Volume
39.0¢ 43.0¢ 39.0¢ $249.1K 614.3K

Buyers (Bids)

No. Vol. Price($)
2 12909 41.0¢
 

Sellers (Offers)

Price($) Vol. No.
42.0¢ 28131 1
View Market Depth
Last trade - 15.56pm 03/07/2024 (20 minute delay) ?
SDV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.