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25.0%

0.5¢ ovanti limited

You mention frustrating. Ill also mention what I find 'quite...

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Steve98

13,940 Posts.

3162

11/02/21

09:57

Post #: 50885632
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Originally posted by Ryzie ↑

Why would I be joking? The price stalled and didn't continue higher. Volume drops off and the price stagnates then over a period of a few days we see the price retrace back to test support. We've seen this happen many times with this company. It's quite healthy for this to happen and builds a strong base for the price to go higher. Remember we saw a 10% increase on the Friday, a 17% increase on the Monday and then a 12% increase on the Tuesday totally an increase of 39%. After an increase of this magnitude I would expect consolidatation. If the gap fills then it fills, if it doesn't then it doesn't. It really doesn't matter but for now it looks to remain around these prices before any further movement higher.

I find it quite frustrating that everyone can post endless news articles and charts of other company's with unfilled gaps but when I share a realistic view of what I see playing out people want to tear down my view. It's an opinion, it's not going to change the outcome.

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You mention frustrating.

Ill also mention what I find 'quite frustrating' is that you think all gaps need to close.

Refer to post link below, let's see how those gap waiters feel missing MASSIVE GAINS:
Https://hotcopper.com.au/posts/50877955/single

IOU Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.5¢		Change 0.001(25.0%)		Mkt cap ! $6.200M

Open	High	Low	Value	Volume
0.4¢	0.5¢	0.4¢	$13.56K	3.383M

Buyers (Bids)

No.	Vol.	Price($)
38	16975769	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	8409747	12

View Market Depth

No.	Vol.	Price($)
38	16975769	0.003
18	19809887	0.002
18	49490073	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.005	8409747	12
0.006	3562302	6
0.007	3414826	12
0.008	6863573	14
0.009	3183000	9

Last trade - 16.10pm 29/07/2024 (20 minute delay)

OVT (ASX) Chart