Quick look at the EGR chart on a Friday night.
- After a run-up in September following positive news, EGR dropped off and failed to break through the 0.382 fib resistance.
- Support has been found at $0.14 (Support 1), confirmed by WVF which strongly indicates market bottoms at this level.
- Trading has since pushed away from Support 1 and the 0.5 fib resistance has been tested multiple times in the past week.
- A positive end to the trading week sees EGR placed to test the 0.5 fib resistance again next week, after entering an upward-trend channel.
- This is likely to continue as indicated by the WVF trend, in addition to a decrease in volatility as per BBW and a change in momentum indicated by the MACD .
- If the 0.5 fib resistance is broken there is a good chance that this will run up to the previous 0.382 fib resistance.
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.21M |
Open | High | Low | Value | Volume |
12.0¢ | 12.0¢ | 11.5¢ | $14.38K | 122.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 36363 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 0.110 |
2 | 76000 | 0.105 |
7 | 471944 | 0.100 |
1 | 140000 | 0.099 |
2 | 105000 | 0.098 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 36363 | 1 |
0.135 | 15000 | 1 |
0.140 | 84319 | 1 |
0.145 | 25198 | 2 |
0.150 | 11161 | 2 |
Last trade - 15.50pm 04/07/2024 (20 minute delay) ? |
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EGR (ASX) Chart |