Retrace back to 15c?
ROFLMAO
The daily 20EMA is already at 15c, and this thing has bounced everytime it gets within 0.5c. It doesn't have a snowflakes chance in hell to even get to 16c.
Add to that, we broke resistance at 18c, so that is now new support. At best, expect a retrace on low volume to close the gap at 18c before she takes off again.
This went from 5c to 13c on very low volume. The volume didn't start until 19/20 Mar, so most people bought at 13-17c. I suspect they sold a few today to free carry. Those that bought are now in at today's VWAP of 21c. Who's gonna sell it down to 15c?
Retrace back to 15c?ROFLMAOThe daily 20EMA is already at 15c,...
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $246.4M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.3¢ | 11.5¢ | $1.271M | 10.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 68 | 6581582 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 1291003 | 15 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| CXO (ASX) Chart |