Certainly not an expert but just passionate about it and run my business based on it.
That stock you posted isn’t healthy and could run the gauntlet down that Bollie band much further.
Can you see a couple of weeks ago there was a large wick below the Bollie and saw an immediate rally.
Currently you are seeing red closes right on the band - no wicks. This indicates that selling hasn’t finished and could fall further.
Sorry to give a negative view but that’s the state of play with that one.
Cheers
Certainly not an expert but just passionate about it and run my...
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Last
2.7¢ |
Change
0.006(28.6%) |
Mkt cap ! $94.85M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.7¢ | 2.1¢ | $578.6K | 23.10M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3235392 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 1120917 | 5 |
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| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| DRE (ASX) Chart |