hi kkw
as a previous poster pointed out the stock is overbought
with a doji above an upper bolliger band, traders would be tightening their stops as much as they can and an offload is in the making. The small move today is an omninous sign, no relection at all of the companies performance.
but we are in unusual times at the moment, money seems to be flooding in and the market could be unstoppable. Bad news is not having much negative effect. you would be a fool to think this is a shorting opportunity
poe operation update available , page-10
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $277.3M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 15.0¢ | $265.5K | 1.746M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 66750 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 2227430 | 6 |
View Market Depth
| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| CVN (ASX) Chart |