Hey hook38, Im an average punter at indicators, what I see is a general turning in U-stocks.
Some observations....
DYL & BMN have well and truely broken OBV & RSI.
EXT only just broken OBV &RSI.
ACB & OKU are about to.
PDN & TOE avoid due to downtrending OBV.
PEN has truely broken OBV but not bolting, RSI close. Maybe a wobble due to delay in DFS?
Have viewed SP of U on MFURMDUR:IND.Check 1 year SP of U. I have noted a high on 14/2/11 and lower highs on 3/2, 11/3 and 3/6. Downward trendline on these lower highs not broken but give it a week or 2 and if breaks above about 55 bucks then its upwards Im picking and announcement of DFS. Otherwise I reckon any inquiry to management would return a reply mentioning the DFS may require additional info so a further delay is imminent for the benefit of stock holders to avoid dilution due to weak SP.
I would think the smart money is picking the bottom in U has occured as for the reasoning some stocks are turning.
My personal gut instinct and observations to your query is PEN is in the process of forming A HIGHER LOW. Ka Ching. Have a good weekend folks.
PS Sitting back and having a few quiet JBs. Motherload, hope your wife is well bud.
Off Topic:V8 Supercars this weekend--Go the mighty Kiwis.
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Hey hook38, Im an average punter at indicators, what I see is a...
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $342.4M |
Open | High | Low | Value | Volume |
10.5¢ | 11.0¢ | 10.5¢ | $1.256M | 11.82M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 1319659 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 3294808 | 27 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 1319659 | 0.105 |
102 | 13721914 | 0.100 |
10 | 1001569 | 0.099 |
8 | 398575 | 0.098 |
5 | 781000 | 0.097 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 3294808 | 27 |
0.115 | 4654027 | 39 |
0.120 | 7621185 | 60 |
0.125 | 2878107 | 21 |
0.130 | 1624601 | 22 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
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