Have not posted for a while, was not really worth it in the downtrend, not a lot of gain to be had, so focussed on other things.
The run starting 3rd of Nov looks to still be developing. Two good indicators are that DMI+ and DMI- are diverging, and ADX just cut through above the ADXR, and hopefully can stay above the ADX. A core thing to watch is when the ADX crosses back to below the ADXR again, which could signal a change in the direction.
The rest looks good, MACD above the line and positive, RSI has had a really good jump above 70%, where it all happens. Bollinger Bands are still opening up, the thing to watch is when the 8 or 9 day SMA cuts through the price candles for a few trading sessions, that may also indicate a change. This is sometimes before and sometimes after the ADX crossing to below the ADXR. Watching for when the MACD crossed under the signal line for a direction change as well.
Volumes in the last 3 sessions were decent, so it looks to have some legs at the moment. A lot of depth on the buy side as well for the moment. Cracking above $0.08, should now give us a good probability to test $0.10 I hope, after that $0.12 if it can break 10 cents.
The next 2-3 trading sessions will be pivotal to watch for a possible longer term positive direction. As always there is the expectation that it will take a break at some stage to test gains.
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Last
7.6¢ |
Change
-0.001(1.30%) |
Mkt cap ! $556.3M |
Open | High | Low | Value | Volume |
7.7¢ | 7.9¢ | 7.5¢ | $2.780M | 36.36M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 108996 | 7.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.7¢ | 254900 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 108996 | 0.076 |
33 | 3047001 | 0.075 |
10 | 577230 | 0.074 |
11 | 829012 | 0.073 |
14 | 1599363 | 0.072 |
Price($) | Vol. | No. |
---|---|---|
0.077 | 254900 | 3 |
0.078 | 631624 | 7 |
0.079 | 1425830 | 3 |
0.080 | 759236 | 6 |
0.081 | 412469 | 3 |
Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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|||||
Last
7.6¢ |
  |
Change
-0.001 ( 1.17 %) |
|||
Open | High | Low | Volume | ||
7.7¢ | 7.9¢ | 7.5¢ | 17617693 | ||
Last updated 15.59pm 07/05/2024 ? |
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