First decent move above the short (15 day) and medium (30 day) term SMA's since the share price broke back lower in August. As these lines turn up and cross over, they should provide support for the short term price action as it continues to move higher. Iam expecting 33c to act as support if we see a pull back, with the 200 day MA at 45c becoming the target and then possibly the gap at 48c.
MACD, RSI & stochastics all green at the moment, which is supportive for a continual push higher.
First decent move above the short (15 day) and medium (30 day)...
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31.0¢ |
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| Open | High | Low | Value | Volume |
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| 1 | 26521 | 30.0¢ |
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| 31.0¢ | 575596 | 2 |
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