it is broken now, I do think there will be a short breather of a session or three then a stab at the next resistance of around $3.65-ish over the course of a couple of weeks maybe a bit longer.
Only an observation going off of the price action from the downward spiral in Feb/March:
Notice, on the daily charts, that any time during the recovery we are in that when the price hits one of the few green days from feb/march it tends test or just straight break its way upward.
see the price action on the 20/3 and then on the 25/3 there is a test of that price from the 20/3 until it gets crushed on the 26/3 and moves to the price point seen on the 11/3. The price is then tested 3 times before being popped in the last few days.
so, do we now have a reasonably rapid turn around to the $3.50/60s followed by more shenanigans until it is broken?
i think yes, but it may take 2-3 weeks if not longer but likely before EOFY.
the next few sessions may be the last chance for a while to grab anything below $3.
just my opinion (and an uneducated one at that )
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Last
$1.02 |
Change
0.010(1.00%) |
Mkt cap ! $380.5M |
Open | High | Low | Value | Volume |
$1.00 | $1.02 | 99.5¢ | $1.099M | 1.090M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 30146 | $1.01 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.02 | 5212 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 30146 | 1.005 |
3 | 40726 | 1.000 |
2 | 16006 | 0.995 |
1 | 10000 | 0.990 |
4 | 32226 | 0.980 |
Price($) | Vol. | No. |
---|---|---|
1.015 | 5212 | 1 |
1.020 | 24625 | 2 |
1.025 | 71702 | 4 |
1.030 | 3241 | 4 |
1.040 | 10962 | 2 |
Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$1.02 |
  |
Change
0.010 ( 1.28 %) |
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Open | High | Low | Volume | ||
$1.00 | $1.02 | $1.00 | 83678 | ||
Last updated 15.59pm 07/05/2024 ? |
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