4DX 0.94% 52.5¢ 4dmedical limited

How much can it go tomorrow?, page-85

  1. 671 Posts.
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    From a TA perspective price is approaching heavy oversold status as it is outside its BB, price normally tends to snap back  and stochastic also  indicates oversold status.  The last seven closing prices were lower than previous close.  My guess is someone is accumulating this stock as 2.4 million shares of the 2.84 million shares on the ASK side is placed at $1.80 and higher which means no one is seriously interested in selling big volumes in my opinion. At least it creates a good impression of keen sellers NOT. Anyway it is a share for the long term to be accumulated  on weakness imo. Where the bottom is no one knows. GLTA
    4DX Daily 27 Aug 20.gif
 
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