"Waiting for something" is sometimes the hardest part and there are a lot like it.
I mentioned previously that it was hard to get a grasp on resistance and support until EGR settled down a bit after that volatility. I've tidied my chart a bit and removed some levels at 17 and 13.5 that were just cluttering and that's left this trading channel between 14 and 18 and the fairly strong resistance at 22/23. It's just consolidating and more than likely being traded by makers and the pro's for that 25% swing in that channel.
The volume also indicates a little lack of interest but EGR is certainly not alone there.
EGR Chart, page-635
-
- There are more pages in this discussion • 1,641 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EGR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
9.6¢ |
Change
-0.002(2.04%) |
Mkt cap ! $43.58M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.6¢ | $17.01K | 175.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 199999 | 9.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.9¢ | 4000 | 1 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| EGR (ASX) Chart |