Yes its not trending and apart from a toppy stochastic the momentum oscillators are down a bit but all in a midrange a couple of large dumps at 1211 and 1216 took out the 58/7 depth.
That's the problem with narrow channel charts the trends are bound by such a small volatility range and volumes are the only gauge of momentum. Stoplosses would be a break of the channel lows, again on some volume......
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heres a shot of the dump..and the 56 support level last week..fortunately 58's are back
goodluck with it...
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 113510 | 29.0¢ |
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Price($) | Vol. | No. |
---|---|---|
29.5¢ | 144594 | 19 |
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No. | Vol. | Price($) |
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25 | 113508 | 0.290 |
27 | 505222 | 0.285 |
22 | 719387 | 0.280 |
8 | 151368 | 0.275 |
13 | 306073 | 0.270 |
Price($) | Vol. | No. |
---|---|---|
0.295 | 144351 | 18 |
0.300 | 690473 | 10 |
0.305 | 184923 | 8 |
0.310 | 539131 | 8 |
0.315 | 170767 | 8 |
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