EGR 6.25% 15.0¢ ecograf limited

EGR Chart, page-18

  1. 1,402 Posts.
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    The top of a 4 year trendline, down of course, is 15c.
    If you look at the ask(it has dropped today) you will see a big sell on 15c. Those seller believe this rally will end at the trendline as it has for the last 4 years. I am not going to make any prediction as that is going to be a massive hurdle. What is good so far is the consistent high volume of this rally, something not seen by shareholders for a number of years. Also there is a noticeable increase in sentiment on these threads. Finally the 1 year trendline I alluded to in the first post at approx 7c has been broken and has held in a week when a CR at 6.5c was completed oversubscribed with the week finishing at the weekly high of 8.5c. Now that is bullish for holders, nonholders though may try to spin something else. Chart looks good IMO.

 
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Last
15.0¢
Change
-0.010(6.25%)
Mkt cap ! $68.10M
Open High Low Value Volume
16.0¢ 16.3¢ 14.5¢ $18.73K 118.6K

Buyers (Bids)

No. Vol. Price($)
1 59258 15.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 4000 1
View Market Depth
Last trade - 14.07pm 26/04/2024 (20 minute delay) ?
Last
16.0¢
  Change
-0.010 ( 0.00 %)
Open High Low Volume
14.5¢ 16.0¢ 14.0¢ 28948
Last updated 13.36pm 26/04/2024 ?
EGR (ASX) Chart
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