Many thanks for the updates.
Quick observation - putting aside magic candlesticks, hobgoblins and other patterns too mysterious for us mere mortals to understand - When you do a simple line chart and look at the way MAY trades through "cycles" you can see a common pattern after sell-offs. That leads me to believe that we will see a circa 2 cent "spike" from our current location, followed by a 1-2 week sideways consolidation (1c range), before pushing higher. That sort of price action knits in nicely with the fundamentals: perhaps an announcement in the coming few days (causing the spike), a waiting period before the A3 spud, then a spud/drill rally.
Fingers cross the dark lords of the technical world don't crucify me for not using the correct technical terms.
Kit.
- Forums
- ASX - By Stock
- May Chart
Many thanks for the updates.Quick observation - putting aside...
-
- There are more pages in this discussion • 1,072 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAY (ASX) to my watchlist
|
|||||
Last
4.1¢ |
Change
-0.002(4.65%) |
Mkt cap ! $138.1M |
Open | High | Low | Value | Volume |
4.2¢ | 4.3¢ | 4.1¢ | $184.4K | 4.395M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 946604 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 250000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 946604 | 0.041 |
8 | 1319701 | 0.040 |
15 | 1156293 | 0.039 |
8 | 4351581 | 0.038 |
8 | 1823000 | 0.037 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 250000 | 1 |
0.043 | 1487978 | 2 |
0.044 | 222000 | 2 |
0.045 | 695955 | 3 |
0.046 | 15000 | 1 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
MAY (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online