Both the daily linear regression chart and the WEEKLY MEDIAN chart (below) highlight the concurrence of 86c. as a crucial support/resistance level. The X line intersect of the uml & dml lines @ 86c. on 04/11/16 was a sign to look out for a future 'mean reversion' event......and here we are.
The minuscule 'tease' trade @ 3.59pm on 16/06/17 @ 85.5c. and the subsequent close @ 90.5c. was undoubtedly based on fundamentals and the laws of supply/demand. The message............. NOBODY wants the EMC share price to close below 86c. (for now).
It is also worth noting the recent low of 73c. and recent high 0f $1.025c. coincide with X line intersects. Cheers.
EMC Chart, page-2118
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Last
8.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $86.47M |
Open | High | Low | Value | Volume |
8.1¢ | 8.3¢ | 7.8¢ | $27.46K | 343.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 56 | 8.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.3¢ | 310000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 56 | 0.080 |
1 | 10878 | 0.078 |
2 | 275000 | 0.077 |
1 | 46000 | 0.076 |
5 | 129333 | 0.075 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 10000 | 1 |
0.085 | 39000 | 2 |
0.088 | 56327 | 1 |
0.091 | 77370 | 1 |
0.092 | 22320 | 1 |
Last trade - 15.51pm 31/10/2024 (20 minute delay) ? |
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