What is the accumulation phase pattern?
Generally speaking, the accumulation phase forms as institutional investors increase their buying and drive demand. As more interest develops, the trading range displays higher lows as prices position themselves to move higher. With buyers gaining power, prices push through the upper level of the trading range.
a close above 0.10 to close out the week
regards
Good signs ...., page-211
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Last
21.5¢ |
Change
0.015(7.50%) |
Mkt cap ! $179.5M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 22.0¢ | 20.0¢ | $67.20K | 322.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 45149 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 26834 | 2 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| OIL (ASX) Chart |