Messy looking things these charts, but have served well for PDM with differing periods such as Madmacs uses.
My version shows that the price is about to butt against a fast-moving cloud. If there was still a bullish sentiment to the stock, we would suggest the price will push up 4.5c or thereabouts to stay above the cloud.
The lagging Chikou span (jagged purple line) has found support at the candles but the ascent is now too steep.
I have drawn in what I hope might happen with the Chikou (pink lines).
t/a's will notice that another parabolic share price movement might complete a possible ascending head&shoulders formation.
I do not hold
Messy looking things these charts, but have served well for PDM...
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $114.0M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.5¢ | $14.52K | 78.28K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5354 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 121090 | 3 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| IOD (ASX) Chart |