Technical analysis indicates that selling in Oncosil (ASX: OSL) is overdone, likely driven in the past by the broader performance of the ASX and more recently by higher interest rates and inflation. However, the sell-off will taper soon as the chart suggests that selling could likely be overdone. This represents a very good buy opportunity for investors and with expansion and commercialization tend to continue in 2024, the stock could be gearing for a reversal.
Oncosil Nearing Inflection Point - Buy Signal
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 (20min delay)
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.66M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $53.14K | 10.62M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 29756679 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 22193449 | 19 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
0.5¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 0.6¢ | 0.6¢ | 0.5¢ | 5328910 | ||
| Last updated 15.58pm 29/05/2024 ? | |||||
| OSL (ASX) Chart |