@patience here is a chart from ANZ Share Investing:
Basically shows that the SP is hugging the top Bollinger band as it expands. This is why, on a purely technical basis, buyers were hesitant to wade into $0.27 this afternoon (as $0.27 would be above the top Bollinger band).
The bollies are widening with every day that passes, so we are likely to see $0.27 fall tomorrow I think.
The MACD and EMA and hence the PSAR are all rising so the only way is north, on a purely technical basis, in my opinion.
The minor retrace today had very low volume (approx $153k in trades, total), substantiating all of the above.
All personal opinion, pure speculation, not advice, dyor etc
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@patience here is a chart from ANZ Share Investing: [IMG]...
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Last
12.0¢ |
Change
-0.010(7.69%) |
Mkt cap ! $25.04M |
Open | High | Low | Value | Volume |
13.5¢ | 13.5¢ | 12.0¢ | $15.28K | 122.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1830 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 290026 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1830 | 0.120 |
2 | 93341 | 0.100 |
1 | 10500 | 0.094 |
1 | 11639 | 0.086 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 290026 | 4 |
0.145 | 200206 | 6 |
0.150 | 50000 | 1 |
0.155 | 35745 | 1 |
0.195 | 1250 | 1 |
Last trade - 16.10pm 01/07/2025 (20 minute delay) ? |
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