200 DMA's usually provide support to bullish stocks.
In words the 200 Day MA is the average price over the last year.
If things can be expected to be better than the average of last year then prices should be above it.
If things are expected to be worse than last years average - prices are below it.
But again all bets off at the moment - until the broader market decides if it is going to collapse further.
tree shaken and nearly snapped, page-22
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 (20min delay)
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Last
$1.83 |
Change
0.065(3.69%) |
Mkt cap ! $1.978B | |||
| Open | High | Low | Value | Volume |
| $1.79 | $1.84 | $1.79 | $7.826M | 4.310M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12707 | $1.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.83 | 137969 | 7 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| GOR (ASX) Chart |