Quick update this morn.
Short term (hourly data) trend saw our ascending triangle extended with last week's low volume sell offs, SP has dipped below the MA's and should see this corrected as we have throughout the longer term trend, MACD tight near the 0 line, UO, RSI and STOCH well in the oversold range.
Longer term (Daily data) shows healthy upward trend and consolidation periods of higher highs and lows.
With the most recent consolidation nearing an end as we can see with recent SP action approaching bottom of current trend line and the upward trending MA's, lower volume sell offs, MACD converging again well above histogram levels and trending upwards LT, STOCH no longer oversold, UO and RSI all back at our optimal buy ranges.
Volume looks good with more traded above us and 7c is a strong demand zone.
We may some flat days as everything tightens up but all in all looks like last week was LT indicators playing catch up to ST price action and with IO prices on the rise and PFS drawing closer trend looks strong to continue and shares look cheap
Not financial advice just observations and opinions.
Always IMO DYOR GLTASH
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Quick update this morn.Short term (hourly data) trend saw our...
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Last
24.5¢ |
Change
-0.005(2.00%) |
Mkt cap ! $25.07M |
Open | High | Low | Value | Volume |
25.5¢ | 25.5¢ | 24.5¢ | $29.38K | 117.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 36620 | 24.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 33897 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 36620 | 0.240 |
2 | 3863 | 0.235 |
1 | 3500 | 0.230 |
4 | 98686 | 0.220 |
1 | 2000 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 33897 | 2 |
0.255 | 21162 | 1 |
0.270 | 2045 | 1 |
0.280 | 30319 | 2 |
0.285 | 107062 | 2 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
MGT (ASX) Chart |
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