it took a lot of buying power to reduce the Supply of sellers at $8... but now we are through and should continue to run to $9 which will be our next strong resistance level.
Strong resistance is generally found at round numbers .
Of course I'm not saying that strong and improving fundamentals are not continued major drivers ...such as hopefully the Blackwater mine restructuring process which should inject a substantial cash sum from equity sales of 20% or even 30% and of course the added sales of coal from the purchased mines.
We await the conclusion of the contractual process and hopefully a welcome result!!
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- Resistance was $8...Now $8 is support
Resistance was $8...Now $8 is support
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Last
$7.65 |
Change
0.020(0.26%) |
Mkt cap ! $6.399B |
Open | High | Low | Value | Volume |
$7.69 | $7.71 | $7.64 | $24.66M | 3.217M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 22151 | $7.64 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.66 | 12306 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 7000 | 7.640 |
5 | 3080 | 7.630 |
4 | 78687 | 7.620 |
6 | 40376 | 7.610 |
4 | 24011 | 7.600 |
Price($) | Vol. | No. |
---|---|---|
7.660 | 12306 | 2 |
7.670 | 10794 | 2 |
7.680 | 21945 | 5 |
7.690 | 17511 | 4 |
7.700 | 38011 | 6 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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