1. Chart - gaps usually get filled
2. With a 4 day run from 3c to 8c, the pump usually get's dumped - people understandably taking their profits of 100+%
3. Next logical place for price to consolidate is 0.045 where the first gap is.
4. I've seen this happen over and over and over again.
If you're a long term holder this shouldn't worry you if the fundamentals are there. This is only a technical outlook.
Or, you know, they could come out with an announcement in the next hour saying they've been bought out by a giant and the price never reaches those levels again. All speculative opinion.
Running commentary on the SP price, page-237
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $21.47M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $7.946K | 2.873M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 86 | 86965188 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 80524473 | 55 |
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| Last trade - 15.55pm 05/11/2024 (20 minute delay) ? |
| LPD (ASX) Chart |