I agree. My simplistic charts suggest to me that we have seen days of strong accumulation in the last 3 months. Each large green candle is associated with higher volume - so someone was buying and forcing price up. Shortman is suggesting shorts interest has not changed in over a month. In all honesty shorts are miniscule so we should not be worried. Someone is just playing at the edges.
If the trial starts as anticipated and recruitment goes as expected I think it might be fair to suggest that SP appreciation will occur as we move towards trial conclusion. Burns results would be nice and might provide another ST catalyst.
I do think this is coiling nicely for a sharp move up.
I agree. My simplistic charts suggest to me that we have seen...
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Last
68.5¢ |
Change
0.035(5.38%) |
Mkt cap ! $139.7M | |||
| Open | High | Low | Value | Volume |
| 66.5¢ | 68.5¢ | 63.0¢ | $218.1K | 325.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3273 | 68.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.5¢ | 475 | 1 |
View Market Depth
| Last trade - 16.10pm 25/04/2024 (20 minute delay) ? |
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Last
66.5¢ |
Change
0.035 ( 9.02 %) |
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| Open | High | Low | Volume | ||
| 67.0¢ | 68.5¢ | 65.0¢ | 42123 | ||
| Last updated 15.59pm 25/04/2024 ? | |||||
| RCE (ASX) Chart |