Looking at the ABU chart this morning, the 0.028 resistance point that held for most of October last year, and then for two days last week, has now been breached with today's buys at 0.029. Technically, the next resistance level is 0.038 (late Aug/early Sept last year).
As much as the long-term holders and short-term traders (I'm in both categories) are keen for an announcement soon, it's possible that the longer we go without any announcement, the more likely there will be a continued, anticipatory slow rise which will create a higher and stronger platform from which the post-announcement SP will launch.
From strength to strength ABU!
on the rise, page-2
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Last
0.3¢ |
Change
0.000(0.00%) |
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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| Last trade - 10.06am 12/07/2024 (20 minute delay) ? |
| PRX (ASX) Chart |