clearly there is going to be a gap up on resumption of trade (presuming positive news is released) - Its going to need plenty of volume to hold 40c - around 180m shares have traded between 31c and 40c since the support line was breached - You would expect a reasonable amount of sell the news as well as some short covering action.
Going to be interesting to watch - going to need to be a company making news event to put in a breakaway gap here - otherwise it probably continues to consolidate and trade in the new lower range box for a while
clearly there is going to be a gap up on resumption of trade...
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Last
$2.88 |
Change
-0.010(0.35%) |
Mkt cap ! $8.819B | |||
| Open | High | Low | Value | Volume |
| $2.90 | $3.03 | $2.84 | $59.15M | 20.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 258244 | $2.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.88 | 80860 | 32 |
View Market Depth
| Last trade - 11.15am 24/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |