As @chocbloc stated the volume stank and there was a sell order at 7.8 that didn't get taken out, so it looks like the close was manipulated...but a close is a close!
Broken back above wedge resistance on the daily and the RSI broke back above resistance (previous support). Want to see more volume churn through this area (6 - 7c) next week, just to be sure to lows are in.
Weekly also has a nice hammer on it but the 50 period MA at 8.4c is what we want to get back above and again with buyer volume!
Have good weekend all, will be good to put this week behind us!
As @chocbloc stated the volume stank and there was a sell order...
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Last
0.9¢ |
Change
0.001(12.5%) |
Mkt cap ! $22.37M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $25.86K | 2.877M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 2542459 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1000000 | 1 |
View Market Depth
| Last trade - 15.43pm 03/09/2024 (20 minute delay) ? |
| KPO (ASX) Chart |