It sits pretty much smack on the .5 fib of the recent 7 - 11.5c price action. Easily in reach of the .618 fib which is around 8.7c (prior resistance).
I’m expecting a half decent Monday and then possibly the US markets will start to take a breather. They have had a decent run.
History has a knack of repeating so from a macro markets perspective I’m expecting sideways action with a slight pull back from end this week til early Oct. Historically Sept is the worst month and considering we have had decent July and Aug some profit taking is going to occur at some point. IMO.
Of course individual company news over rides the overall market.
It sits pretty much smack on the .5 fib of the recent 7 - 11.5c...
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Last
23.5¢ |
Change
0.005(2.17%) |
Mkt cap ! $658.8M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 24.0¢ | 22.5¢ | $1.817M | 7.743M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 404558 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 460997 | 12 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
24.0¢ |
Change
0.005 ( 4.39 %) |
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| Open | High | Low | Volume | ||
| 23.0¢ | 24.0¢ | 23.0¢ | 2838546 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| LRS (ASX) Chart |