UPDATE TO MY LAST TA MESSAGE:
In addition to our technical level sellers at this level now fighting a horribly low valuation for a stock that could be easily justified at $200m.... Each sale here is a bet against:
AI. Fintech. Financial Services. Our disruptive Technology. Catriona and the developing Tech and mgt team. Nationwide and AMP. Our strong client Pipeline and and existing ASX20/Fortune 100 customers....thats alot to bet against at 8.4c.
But check this out.....After we broke thru 5c, Each of CR8's Chart's low bases have been:
CONSECUTIVELY 5.1, 5.2, 5.8, 5.9, 6.2, 6.7, 6.8, and 7.0 ......AND NOW ADD 7.1, 8.0, 8.3 !!
ALL our Lows have been higher than the last low...now that is 11/11. Still Not bad huh ?
Now I might not be the technical guru of gurus like some here but I know enough and I know THAT is a bloody good technical sign.
10.5c has also been tested 2 times......Another good sign and we all know 3 times is a charm.
It will probably go lower now I have pointed this out ! But really it should retest and go thru 10.5c soon...
Last Shakeout was 8.4c to 6.2 (-26%) and then we had a +69% rally over 3 days.
Last shakeout has been severe on no bad news but only great AMP and hiring news, it lasted 10 days and been 10.5c to 6.3 (-40%) and now we are only back to 8.4 so we are owed a BIG rally (50%+) and should power up well past 10.5c when we get there again to 12-14c.
STILL AMP, Nationwide expected performance, nor potential size of that... nor key market expert new hires not factored in at all at these levels, nor the contracted pipeline and with Nationwide Insurance USA rollout in 3weeks when contracted plus the performance revenue should kick in.
A strong technical rally is overdue. When the capping drys up. Perhaps the cappers will keep trying but I'm calling for 12-14c by February. 3 weeks. Lets see. They are on borrowed time.
Oh and then as VMP says Metlife could be next....and that people is ANOTHER Nationwide.
GG
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.608M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $886 | 354.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
35 | 25255075 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 5982986 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
35 | 25255075 | 0.002 |
16 | 30105708 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 5982986 | 12 |
0.004 | 9088017 | 15 |
0.005 | 7891280 | 9 |
0.006 | 4208621 | 4 |
0.007 | 1550000 | 3 |
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