Currently sold majority of my holding today due to the following early downtrend signals IMO:
Current chart shows SP dropped to 0.017c (50% fib) indicating a moderate strength retracement/downtrend. This is an area i don’t like taking risks. MACD/RSI- confirmed yesterday’s momentum loss and has signaled a downtrend. id be expecting a massive sell off either tomorrow or friday as MACD lines cross breaking support. A increase in selling pressure and low volume is now evident- shareholders want out. I’ll be expecting the SP to retrace to fill the gap at 1.3c. Bollinger bands seem to be narrowing in. GLTA
Technical indicators/moving averages(monthly)=STRONG SELL
ESH Chart
Add LU7 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.614M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.7¢ | $8.746K | 486.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 796194 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 1610487 | 4 |
View Market Depth
| Last trade - 15.26pm 04/06/2024 (20 minute delay) ? |
|
|||||
|
Last
1.7¢ |
Change
0.000 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 1.8¢ | 1.8¢ | 1.7¢ | 339814 | ||
| Last updated 15.26pm 04/06/2024 ? | |||||
| LU7 (ASX) Chart |