I would think it is reasonable to expect the uptrend line drawn to be a significant level now. Numerous touches. It is converging with the upper trendline so I expect this to be resolved sooner rather than later, a break above or below. FA recently supports a break above. If it breaks above there will be scope to draw another trendline. I have inserted another modest upper trendline to create a channel. Depending on the breakout (if its up) will determine where this upper channel is placed. These lines are subjective but they give some perspective to a trend.
I have also added an accumulation/distribution indicator below. It supports continued accumulation, especially during May where there appears to be a small divergence. That is Acc/Dist indicator trending up and price down so far from previous peak on 10/5 of $1.315. See small orange lines.
Hope this makes sense. Apologies if it doesn't. Its just how I process and what makes sense to me. It's also what I'll use to have a guess at end of year tipping comp. A range so to speak.
I used the bottom trendline recently to recommend an entry for some family. Very happy it held and progressed. Exits, that's harder.
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Last
$3.05 |
Change
-0.100(3.17%) |
Mkt cap ! $9.185B |
Open | High | Low | Value | Volume |
$3.13 | $3.15 | $3.02 | $74.55M | 24.33M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 89482 | $3.04 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.05 | 37502 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 89482 | 3.040 |
6 | 31294 | 3.030 |
20 | 208232 | 3.020 |
16 | 406489 | 3.010 |
68 | 314428 | 3.000 |
Price($) | Vol. | No. |
---|---|---|
3.050 | 21000 | 2 |
3.060 | 10330 | 1 |
3.070 | 79133 | 7 |
3.080 | 148351 | 10 |
3.090 | 60000 | 4 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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