The issue I see with this last little run north from $1.60 compared to todays one is the lack of volume. It's not even readable on the chart, and we have the 144k bid sitting there. I'm not feeling it. Classic no demand dead cat bounce.
To be clear 1 hour charts are easily swayed at the drop of a hat, they can have a lot of noise, I prefer daily charts for this reason.
Gutsy to jump in without confirmation. You win bigger if it pays off but very high risk.
The issue I see with this last little run north from $1.60...
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $49.44M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.5¢ | 10.5¢ | $132.0K | 1.162M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 535926 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
12.0¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 11.0¢ | 12.5¢ | 10.5¢ | 991112 | ||
| Last updated 15.53pm 03/05/2024 ? | |||||
| SPL (ASX) Chart |