It's interesting - we had a 28.5c high today as well as on the 21/05 and 26/05. 28.5c was also the low on the day of the high at 33.5 (19/04).
So it seems as though this 28.5c level is a little bit of a resistance level.
However, the fact is that volume was slightly higher than Friday. And even though the downtrend was broken with the 26c close on Friday, it was definitely confirmed today.
I strongly suspect the stock will continue to build in the coming days as KC hits the talking circuit and the Poms return from their holiday as today's announcement was certainly VERY significant and deserves to push the stock into the low 40s.
Incredible!, page-33
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Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $35.26M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.5¢ | 17.0¢ | $15.61K | 90.80K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 63107 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 33664 | 2 |
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| Last trade - 15.42pm 12/09/2024 (20 minute delay) ? |
| EMH (ASX) Chart |