One cross I use when stock is trending is 34EMA and 55EMA.
Have a look at NOV Daily chart, 34EMA above 55EMA and rising since Feb. and notice that the price bounced off the 34EMA everytime since breaking out in Feb.
As stated, the credit raise has changed everything for now. But I will be watching for a bounce around 54/55c with 34EMA to stay above 55EMA.
This is not advice and is my interpretation and opinion only.
Plenty of stocks at the moment well under CR price. No guarantees in this game.
One cross I use when stock is trending is 34EMA and 55EMA. Have...
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Last
4.8¢ |
Change
0.003(6.67%) |
Mkt cap ! $16.36M | |||
| Open | High | Low | Value | Volume |
| 4.5¢ | 4.8¢ | 4.5¢ | $10.12K | 220.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 97010 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 42571 | 2 |
View Market Depth
| Last trade - 14.58pm 30/05/2024 (20 minute delay) ? |
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Last
4.8¢ |
Change
0.003 ( 6.67 %) |
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| Open | High | Low | Volume | ||
| 4.7¢ | 4.8¢ | 4.7¢ | 118301 | ||
| Last updated 14.58pm 30/05/2024 ? | |||||
| NOV (ASX) Chart |