The 5 minutes chart shows a double bottom which is a bullish chart pattern. It is natural for support to be retested after a strong rise. As support holds, the renbounce will be strong. Volume has been low on retracement which indicate a temporary slack in interest.
I expect interest will pick up from here as the announcement of Kalman is imminent and the share price will continue its upwards trend. Another road show this month will increase interest and made people aware of the tremendous assets HMX holds. People has to be reminded and their beliefs reinforced. The share price has been mismatch in view of the sharp increase in copper prices and molybdenum which price now has more than double since last year.We must not forget HMX has been consistently adding new resources to its holding. A rarate is very likely any time from now.
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The 5 minutes chart shows a double bottom which is a bullish...
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Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.45M |
Open | High | Low | Value | Volume |
4.0¢ | 4.0¢ | 4.0¢ | $320 | 8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 131257 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 7999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 131257 | 0.040 |
1 | 259192 | 0.039 |
1 | 120000 | 0.038 |
2 | 240000 | 0.037 |
1 | 86512 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 7999 | 1 |
0.042 | 133043 | 2 |
0.043 | 3532 | 1 |
0.044 | 440000 | 1 |
0.045 | 285703 | 3 |
Last trade - 10.04am 06/09/2024 (20 minute delay) ? |
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HMX (ASX) Chart |