EFE looks set to break the current downtrend line over the next week or so.
It looks like EFE is resisting to go below 0.7c which is a positive sign.
The 0.7c line could be the new support for the share price to reverse off.
I reckon the share price could go to a short term high of 2.4c which is the 261.8% fib extension.
0 trades so far today, which indicates to me that those willing to sell at 0.7c is generally finishing. There is a standoff occurring at the moment between buyers and sellers, the possible break upwards should be interesting.
If my long term analysis is correct, EFE looks like it has a lot of potential.
EFE looks set to break the current downtrend line over the next...
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Last
0.4¢ |
Change
-0.001(12.5%) |
Mkt cap ! $4.346M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $3.149K | 850.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 45036077 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 1624056 | 3 |
View Market Depth
| Last trade - 12.16pm 01/11/2024 (20 minute delay) ? |
| EFE (ASX) Chart |