Morning and happy week to all!!
Updated chart. I still believe the stock is going through a fundamental shift, and any price appreciation will be dependent on both timing and quality of future announcements.
If we see weakness at the ~$0.40/$0.39 area, I believe we can see a test of the mid-$0.30's. I am targetting the confluence of multiple fib retracements, and anchored VWAP. Take your pick whether we are at a distribution, re-accumulation, or mark-up phase. The price action has been strong towards the upside, but on the ST, it is searching for direction. We must consider a period of consolidation, as the register changes hands. Potentially Wave 4 set-up atm on your smaller timeframes (<4hr), and gearing up in the Wave 2 set-up on your longer timeframes (>Weekly)
FYI. my opinion and analysis doesn't matter, these are my observations.
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Last
7.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.17M |
Open | High | Low | Value | Volume |
7.2¢ | 7.2¢ | 6.9¢ | $64.28K | 916.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 94331 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.2¢ | 127529 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 139280 | 0.069 |
1 | 115942 | 0.066 |
1 | 31746 | 0.063 |
1 | 16008 | 0.062 |
2 | 48086 | 0.061 |
Price($) | Vol. | No. |
---|---|---|
0.072 | 127529 | 1 |
0.075 | 52887 | 1 |
0.077 | 50000 | 1 |
0.078 | 231480 | 1 |
0.079 | 119030 | 2 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
7.0¢ |
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Change
0.000 ( 1.45 %) |
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Open | High | Low | Volume | ||
7.0¢ | 7.2¢ | 7.0¢ | 126849 | ||
Last updated 14.09pm 03/05/2024 ? |
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CBE (ASX) Chart |