The last week’s trading action was positive, and witnessed a bounce of 13%.
The bounce began on Tuesday, following Monday’s close at 0.046 (purple line). Crucially, Monday's close remained higher than the previous support line of 0.044 (blue line).
The preceding downtrend brought heavy selling pressure; some traders who took up the recent Share Purchase Plan at 0.045 may have sold on Monday (in an effort to break even or prevent a loss). But those who held are now sitting on a gainer.
FBR Charts and Technical Analysis, page-131
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Last
3.7¢ |
Change
-0.002(5.13%) |
Mkt cap ! $177.2M | |||
| Open | High | Low | Value | Volume |
| 3.9¢ | 4.0¢ | 3.7¢ | $291.9K | 7.639M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 2278495 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 452391 | 5 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| FBR (ASX) Chart |