The way I look at charts is the volume dry up is the sellers(or bear case the buyers) running out of ammo. Volume dry up plus tight price range will always resolve in price expansion, whether that's down or up of course can't be known but the probability given the overall chart is certainly up ... i haven't touched my original position, these sort of stocks don't come along all that often - find another chart that has run up 500% and barely pulled back 10% ....
CU6 - ASX Charts, page-542
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Last
$4.85 |
Change
-0.390(7.44%) |
Mkt cap ! $1.510B | |||
| Open | High | Low | Value | Volume |
| $5.23 | $5.23 | $4.83 | $6.035M | 1.198M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 573 | $4.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.89 | 16349 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| CU6 (ASX) Chart |