A very good summary of the current position. Nowadays I dont place too much reliance on OBV, preferring to relate the volume associated with the bar to other bars in the price chart. In this case Fridays bar would be compared with that on 9th Oct since were looking at a possible double bottom. And as you point out the signs are very encouraging indeed. Call me a scaredy cat if you will but my trading style is to wait for the market to confirm the position.
I look forward to seeing more posts as you progress as Im still a beginner in this art.
A very good summary of the current position. Nowadays I dont...
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.27M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $70.30K | 7.942M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 7726856 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 2021924 | 5 |
View Market Depth
| Last trade - 14.02pm 16/08/2024 (20 minute delay) ? |
| EXT (ASX) Chart |