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
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.17M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $3.073K | 1.539M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 119 | 260463343 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 25025657 | 4 |
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| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| LPD (ASX) Chart |