AN1 0.00% 0.8¢ anagenics limited

SP, page-3

  1. 6,974 Posts.
    lightbulb Created with Sketch. 1313
    The increase in sp has not been explosive just steady to a high of 0.034 on high volume followed by a retracement on low volume to around the 3 cent level . A steady increase decreases the chance of a larger retracement as there are no gaps to fill .
    If you look at the history of many stocks you will see that gaps are filled more often than not .
    Looks like it is consolidating around this level , more likely to go up from here than down .
    There is still a fair bit of traffic around this level , once through to around 0.035 on decent volume , faster sp increases should follow .
    Last edited by MajorJohnny: 22/06/16
 
watchlist Created with Sketch. Add AN1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.