Bid now above 3 cents, breaking out from a three month consolidation pattern. During that time stochastics were severely oversold (tax loss selling from exhausted bulls), now giving a reversal signal. Notice that current bid has gapped up, and running above moving average. Run up to 10 cents in March and April indicate a change in direction and sentiment before pull back and equity funding. Need confirmation of trend via an increase in buying volume. Good luck to all longs.
Technical break out
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 (20min delay)
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Last
2.7¢ |
Change
-0.001(3.57%) |
Mkt cap ! $9.596M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.7¢ | 2.7¢ | $1.407K | 52.12K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 184984 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 260000 | 2 |
View Market Depth
| Last trade - 13.20pm 14/10/2024 (20 minute delay) ? |
| ZNO (ASX) Chart |