You've completely missed my point, haven't you. I'm in the opposite camp to the uprampers. In fact, I don't see any significant price movement for some time yet. The daily chart shows vulnerability still; the price is approaching a critical point where the 200EMA is converging on the current price, and aligns with the 78.6% Fib retracement level. A bounce may be expected here, and would coincide with the end of June and hence tax loss selling. A cross of the MACD signal line is a catalyst to a potential share price rise again, but the weekly chart suggests it may be short term rise only.
today, page-18
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Last
54.5¢ |
Change
-0.045(7.63%) |
Mkt cap ! $45.38M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 56.0¢ | 54.5¢ | $20.74K | 37.77K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1641 | 53.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 39565 | 1 |
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