Just doing some calcs and it proves just how cool this stock has been and also a kick in the ass for not working it. (me).
Below chart is a little complicated and busy but I'll try and explain it clearly. It's especially targeted for those that work with bollies.
Since the strong breakout in December the SP peaked outside of upper bollie at .27 cents. It then retraced entirely back to the lower bollie and well over the pivotal 62% Fib. From there it bounced all the way back to the upper bollie and again retraced to the lower bollie and again retraced more than the 62%Fib.
It has recently peaked again outside of upper bollie and is currently on the retrace route again.
Anyone think it's going to reach the 62%Fib or lower bollie again?
Food for thought.
DXB Chart, page-748
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Last
51.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $280.6M | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 54.5¢ | 51.0¢ | $1.715M | 3.301M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 365433 | 51.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 19658 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| DXB (ASX) Chart |