I consider based on recent candle charts that $0.38 is current support level.
Sellers are taking profits which is fair enough, new buyers are moving in for next charge.
Can't expect it to happen overnight..
It's only been trading at this level for two days, need to allow new level of consolidation then support at $.40+.
This level is fine considering where the SP was a few days ago.
The problem with retail as always is the impetus to sell/profit, seen this happen so many times and after a significant positive event with more buyers than sellers for a few days or more the SP jumps around like a maniac until settling at next level, we've seen it there's interest and buys at $.40 so give it time.
RSI is solid.
The stock hasn't been oversold, it's been overbought.
I consider based on recent candle charts that $0.38 is current...
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Last
0.4¢ |
Change
0.001(33.3%) |
Mkt cap ! $8.724M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $119.5K | 39.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 26831543 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 37730984 | 18 |
View Market Depth
| Last trade - 10.21am 13/09/2024 (20 minute delay) ? |
| NRZ (ASX) Chart |