This weekly chart is intriguing. There is no question something has changed and there's someone in the know buying this up. 6 to 7.5c level will prove resistance for a while I suspect, but anything through 7.5c has the handbrake off until about 17c.
All signs on the Ichimokou cloud and indicator lines are positive, and massive volumes suggest to me a final clear out of an old stale holder, whos shares have been taken up with clearer eyes and positive outlook. Often an inflection point.
RSI looks very overbought, and that in combo with resistance, I think sees some further churn or slight pull back before any further moves, unless of course we get a u beut announcement, and I am not ruling that out.
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This weekly chart is intriguing. There is no question something...
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Last
6.9¢ |
Change
0.002(2.99%) |
Mkt cap ! $25.03M |
Open | High | Low | Value | Volume |
6.6¢ | 7.3¢ | 6.6¢ | $51.32K | 759.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3 | 6.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.3¢ | 97578 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 49734 | 0.066 |
1 | 80000 | 0.064 |
2 | 87199 | 0.063 |
7 | 487617 | 0.060 |
1 | 80600 | 0.059 |
Price($) | Vol. | No. |
---|---|---|
0.073 | 97578 | 1 |
0.075 | 50000 | 1 |
0.078 | 39408 | 2 |
0.079 | 90476 | 1 |
0.080 | 62500 | 1 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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A3D (ASX) Chart |
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Mark Waller, MD
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