Acouch - I like your fork set. I originally abandoned the green fork you had because I couldn't get any exact touches, going instead for a Point of origin on the 50 fib at the gap - but its interesting where price has landed - right at the convergence of all 3 forks. Nice. And I like how the overshoot between your green median line and lower tine overshoot by almost the same amount. I think I'll add your green fork to mine as an alternate argument.
Being a pitchfork lover, I can't argue with you about the lower tine acting as support - but I would argue that SP would have to first fight support points at the fibs going down - and I'm not convinced that the battle for the 40c is over just yet.
I also think it highly unlikely that other fundamental buyers would wait for SP to hit 27c before snatching a bargain. I certainly wouldn't. But thats the fundamentalist in me - not the TA.
Nice chart.
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.648M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $9.569K | 956.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 625910 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 845077 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 625910 | 0.010 |
6 | 1883330 | 0.009 |
7 | 2779466 | 0.008 |
10 | 4670131 | 0.007 |
8 | 4813333 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 845077 | 3 |
0.012 | 1927405 | 5 |
0.013 | 1500000 | 1 |
0.014 | 965428 | 3 |
0.015 | 342768 | 3 |
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