typically after a run like this (from 12c in recent weeks) profit taking would drive the price back down to retrace.
I think it’s a very encouraging sign it’s holding a steady price whilst churning volume as some people will always rebalance their portfolio. It shows there is strong demand at this price ie when any and all selling at current levels is exhausted price should go up from here (in theory DYOR)
typically after a run like this (from 12c in recent weeks)...
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Last
28.5¢ |
Change
-0.010(3.39%) |
Mkt cap ! $65.21M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.0¢ | 28.0¢ | $180.6K | 627.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 129581 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 266245 | 6 |
View Market Depth
| Last trade - 15.13pm 21/05/2024 (20 minute delay) ? |
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Last
28.5¢ |
Change
-0.010 ( 3.06 %) |
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| Open | High | Low | Volume | ||
| 30.0¢ | 30.0¢ | 27.5¢ | 427036 | ||
| Last updated 15.55pm 21/05/2024 ? | |||||
| EYE (ASX) Chart |