Man I gotta say this sarker is looking pretty fricken ripe. So many good points on the price chart (and weekly's at that).
1.The price move down looks to all have been corrective. Heaps of price overlap at the top and bottom. One could make a case for WXYXZ pattern.
2.Correction hasn't taken out the low of 2008
3.Price now above wkly 200ma
4.Clearing 2007 point of control
5.Very strong volumes pointing up (instos are on to this now I would think)
6.The money is in the impulsive move up since 2019
But expect the rise now to take some time since the spike in 2011 was just so steep in such a short time period.
Next price level for it to reach is $3.13.
We'll see how it trends in the next few months. Tempted to call this a houseit trade soon.
Full disclosure: I have not made money in this stock so DYOR.
MSB Charts, page-220
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Last
99.0¢ |
Change
0.010(1.02%) |
Mkt cap ! $1.130B | |||
| Open | High | Low | Value | Volume |
| 99.5¢ | $1.02 | 98.5¢ | $5.507M | 5.501M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9996 | 99.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.5¢ | 18069 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MSB (ASX) Chart |