Do you want to elaborate on that assertion a little?
We're not back in an uptrend, but I think you can hardly say a down trend 'dominates' - at least not from anything I can see on the charts.
Lately, the volume has petered out to almost nothing, so no trend is 'dominating' right now. Check out also the super flat MACD.
Zooming out a bit, yes maybe we're not yet hitting higher-high's but we're certainly hitting higher (or at least consistent) lows. The descending wedge that played out is not inherently a negative indicator (bullish even) and it's played our right down to the edge and then continued out on the positive side.
Do you want to elaborate on that assertion a little?We're not...
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Last
44.5¢ |
Change
-0.025(5.32%) |
Mkt cap ! $190.9M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 50.0¢ | 44.0¢ | $558.2K | 1.190M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 71999 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 694 | 1 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| TLG (ASX) Chart |