Well, it's working out exactly as anticipated. Now perhaps you would like to retract your comment about my charting - specifically "it doesn't change the fact that your chart post was wrong and BS" 38845898.
Here is an updated chart:
From here it looks highly likely that we will see 1.8c hit. Strong support is at 1.6c being the bottom of 4 candles on the monthly chart. I would be happy with an entry @1.8c, it should provide a good bounce back up to c. 2.5c.
If you would like to see what can happen when support is broken look at NCZ, they broke support two trading days ago and went on to suffer a 20% loss in one session today, taking them right down to close on the next support line. Be prepared.
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Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $17.17M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $21 | 10.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 83 | 87556352 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 85540282 | 57 |
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| Last trade - 12.29pm 06/11/2024 (20 minute delay) ? |
| LPD (ASX) Chart |