Some consolidation is positively needed after a strong run, and it is happening for the past 3 days.
3.13 today was the low and it sits just below the middle of Bollinger Bands and RSI was at about 50.
Would it be the low after the "mini sell off " ??..........unfortunately no one can possibly know in advance.
My bet is there is a good chance it will rebound from here and 3.13 may be the "new low" BUT if the selling continues then RSI may dip to just under 50 before it rebounds.
This is just a simple guess work as no one can foresee the future but I am willing to keep adding on dips....BIG GAMBLE of course/always !!! and NOT RECOMMENDED for anyone and only for the brave and willing to lose money if WRONG
Some consolidation is positively needed after a strong run, and...
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Last
$3.63 |
Change
0.010(0.28%) |
Mkt cap ! $41.94B | |||
| Open | High | Low | Value | Volume |
| $3.65 | $3.65 | $3.61 | $75.99M | 20.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 297230 | $3.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.64 | 334206 | 4 |
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| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| TLS (ASX) Chart |