hi CEO
i'm not in front of my charts at the moment but that last short term uptrend line is maybe being broken ?
if that occurs then you could start to pick your own bottom but it would not be very pretty i wouldnt think, my last hope is that it can find support at the previous recent low where it closed the gap.
for this to be a buy it should be in an uptrend which i thought it may stay in & to me it would have required a higher low say around 8.3 8.4 cents thats where i put my money where my mouth is but i stand ready to be corrected & re sell my holding when the pain gets to high :O(
i would say that the selling is based on something fundamental, either something not known in the market as yet, or a large holder just wants out, or pure manipulation.
thing is because it is a penny stock one does not need to deeper pockets to manipulate it & also the amount of shares on issue which is growing !
lets just watch see what happens.
regards DD
todays chart, page-14
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 (20min delay)
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Last
$6.13 |
Change
-0.020(0.33%) |
Mkt cap ! $5.757B | |||
| Open | High | Low | Value | Volume |
| $6.21 | $6.22 | $6.13 | $2.093M | 338.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 6945 | $6.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.14 | 13469 | 33 |
View Market Depth
| Last trade - 10.57am 29/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |