Okay here is the updated chart. Not a good day Friday, moderate volume, closed near its lows and below Thursday's close. We're not oversold on any of my indicators. Imo we'll underperform the market until some news comes in.
I'm no expert but not sure I'd call that a double top, but distribution has definitely been going on, selling into retail enthusiasm.
Hopefully I'll get a tick up Monday and then I'll be out again.
Comments and criticisms on chart welcome. The black line is the 100ema, the green 200ema. I'm thinking if it keeps this up a good mt entry point would be around 6.90 as Aegis said which is where the 200 is.
technical view, page-16
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Last
$1.45 |
Change
0.065(4.69%) |
Mkt cap ! $1.655B | |||
| Open | High | Low | Value | Volume |
| $1.39 | $1.50 | $1.38 | $7.016M | 4.856M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10425 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 44243 | 5 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| MSB (ASX) Chart |