This has retraced about 11% after doubling. My guess is today was profit takers and some seeing it as a chance to get out. They jumped the gun IMO. The previous day saw a clean break above the downtrend on good volume. There is underlying demand and this volume has to have something behind it.
As a side note, there is a yawning gap to around 10.2c when it fell off a cliff a few months ago.
Thoughts for Tuesday the 10th, page-148
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Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.09M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 51405 | 1 |
View Market Depth
| Last trade - 16.12pm 11/10/2024 (20 minute delay) ? |
| NOR (ASX) Chart |
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