Nothing moves in a straight line, and so the cheerleaders again trot out their timely euphoria. The reality is a break out of this downtrend is not until $1.25 - if you couldn't see $1.10 then you can't see what possibility the future presents.
All traders (for money that is, not hope) would likely move stops into profit at the C/R. They won't then care on triggering for the timewasting but will care about preventing losses.
Thus, any trigger of stops on 1.15 might be nice and sharp, or a sustained withdrawal. This is normal.
See what the cheerleaders say 'if' it comes to that. Of course, any 'new' news that changes the value models upwards will be reflected in the SP.
Happy days in regards,
(oh, and if you are not doing this for your own financial gain, don't bother offering your rebuttal)
Nothing moves in a straight line, and so the cheerleaders again...
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Last
$1.91 |
Change
0.010(0.53%) |
Mkt cap ! $2.183B | |||
| Open | High | Low | Value | Volume |
| $1.89 | $1.91 | $1.87 | $7.285M | 3.852M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 166121 | $1.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.92 | 18104 | 2 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |