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
$4.08 |
Change
-0.060(1.45%) |
Mkt cap ! $12.27B | |||
| Open | High | Low | Value | Volume |
| $4.10 | $4.13 | $4.01 | $60.80M | 14.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 77251 | $4.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.08 | 196223 | 10 |
View Market Depth
| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
$4.07 |
Change
-0.060 ( 1.34 %) |
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| Open | High | Low | Volume | ||
| $4.12 | $4.13 | $4.01 | 4047240 | ||
| Last updated 15.59pm 13/05/2024 ? | |||||
| PLS (ASX) Chart |