Previously after big rises the stock has dropped or stalled for 6-7 days. We have had 5 days so far, so if history repeats, 1 or 2 days are likely.
The sellers are very resistant at the $2.60 mark at the moment, if the price drops below $2.60 it is likely to be snapped up and rebounding again.
It is interesting that rather than a down trend like previously the chart actually just flattened off. Does this mean that the new trend will be different from the old trend or will the SP break through the Andrews midline and trade in a channel above that? Should be interesting, I am quite bullish for next week and suspect $3.40 will be broken! Wait and see.
Previously after big rises the stock has dropped or stalled for...
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.33M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $27.26K | 3.029M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2171348 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 504157 | 4 |
View Market Depth
| Last trade - 11.06am 01/11/2024 (20 minute delay) ? |
| AEV (ASX) Chart |