Hi ophir,
The last 6 days has seen the stock touch 5 cents everyday since 16/03 and has closed at 5 cents on 4 out of those 6 ocassions.
This doesnot equate to a break out.
On both the daily and weekly chart the stock is still in a confirmed downtrend.
The monthly is the only chart that is still in tact, just.
What happened on thursday was a macd cross, but as the cross is below the positive line this cant be seen as a break out. this may move from here but that is yet to be confirmed.
I shall post a chart for you later on will shall show this has not YET confirmed an uptrend.
However if you have evidence to the contrary please support your view....
Good luck ophir.
Cheers
next week, page-34
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0.3¢ |
Change
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Mkt cap ! $6.353M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $779 | 259.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 15823362 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 23487747 | 25 |
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