Second the gap closing.
Being down 10+% will trigger a few stoplosses with yesterday buyers (if it didnt already).
Fibonnacci retrace possibilities:
23.6% @ 0.44 (broken)
38.2% @ 0.395
50.0% @ 0.360
62.8% @ 0.325
The 38.2% fib line is likely to be hit now that we're through the 23.6% line. This would almost close the gap so it may well touch 39c and bounce.
Glad I exited yesterday arvo. It was a hard call to make and I traded in and out a few times as the market ebbed and flowed. Took a haircut on what I bought in the morning. The 700k @ 48c ultimately told me it wasnt going up soon and that the risk/reward wasnt there.
Suspect the US will be nasty again tonight which wont bode well for tomorrow.
I'll be back in, its just a matter of when.
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Last
$3.25 |
Change
-0.020(0.61%) |
Mkt cap ! $496.7M |
Open | High | Low | Value | Volume |
$3.24 | $3.27 | $3.13 | $3.843M | 1.200M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 7528 | $3.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.26 | 2809 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 7528 | 3.250 |
1 | 2500 | 3.230 |
1 | 1000 | 3.220 |
2 | 5785 | 3.200 |
1 | 319 | 3.160 |
Price($) | Vol. | No. |
---|---|---|
3.260 | 2809 | 3 |
3.270 | 11257 | 6 |
3.290 | 5000 | 1 |
3.310 | 4000 | 1 |
3.340 | 5000 | 1 |
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