TA can sometimes be a tricky tool to use during a re-rate when the fundamentals of a company dictate a much higher price.
One could argue one third of the company changing hands in one day is over bought. But I however feel this is the beginning of a genuine re-rate based on the material news delivered on Friday.
Expect big volume tomorrow.
Technical Analysis (TA) Thread: 10c target (c.$85m MC), page-21
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Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.03M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.7¢ | 2.7¢ | $25.19K | 933.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1352919 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 2678442 | 1 |
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| Last trade - 12.22pm 27/09/2024 (20 minute delay) ? |
| CXZ (ASX) Chart |