Hard to quantify these things, so tend to just go with the trend when in doubt.
I agree with some of the stalwart holders here that it has the potential to be getting ahead of itself on a fundamental basis. At the same time, the chart is absolutely first class bullish and every pullback has been low volume, every spike high vol.
If we get a very high vol day, exceeding 50M and price reverses sharply off the highs, that is often a good indicator that a top is in.
making new highs, page-55
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Last
11.5¢ |
Change
-0.010(8.00%) |
Mkt cap ! $48.09M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.5¢ | $1.405K | 11.78K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 40750 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 97053 | 4 |
View Market Depth
| Last trade - 12.57pm 17/10/2024 (20 minute delay) ? |
| VMT (ASX) Chart |