It’s risky calling the low early. In agreeing with pete11 that the low is in, I am saying that the recent down trend is over because I don’t think 0.076 will be broken and that 0.08 will hold on a closing basis. As I understand, a trend up/down ends when a new higher high/lower low is not made within a certain time limit. The reaction from the Monday low is over (0.088 high today), and the low held. This is an early sign that support has been reached and that your order will not be filled. I am assuming that good news is near and that it will confirm my bias.
It’s risky calling the low early. In agreeing with pete11 that...
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Last
1.8¢ |
Change
0.002(12.5%) |
Mkt cap ! $63.23M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.8¢ | 1.7¢ | $57.56K | 3.384M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 747903 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 1508634 | 7 |
View Market Depth
| Last trade - 15.45pm 29/04/2024 (20 minute delay) ? |
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Last
1.7¢ |
Change
0.002 ( 3.03 %) |
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| Open | High | Low | Volume | ||
| 1.7¢ | 1.7¢ | 1.6¢ | 1992765 | ||
| Last updated 12.32pm 29/04/2024 ? | |||||
| DRE (ASX) Chart |