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
$4.00 |
Change
-0.060(1.48%) |
Mkt cap ! $12.03B | |||
| Open | High | Low | Value | Volume |
| $4.04 | $4.07 | $4.00 | $49.50M | 12.31M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 83 | 802035 | $4.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.01 | 57179 | 3 |
View Market Depth
| Last trade - 16.10pm 23/05/2024 (20 minute delay) ? |
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Last
$4.01 |
Change
-0.060 ( 1.40 %) |
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| Open | High | Low | Volume | ||
| $4.04 | $4.07 | $4.01 | 3681862 | ||
| Last updated 15.59pm 23/05/2024 ? | |||||
| PLS (ASX) Chart |