Haha nice one Long, we've been talking about this one. I've had...

  1. 15,683 Posts.
    lightbulb Created with Sketch. 8762
    Haha nice one Long, we've been talking about this one. I've had decades in the marine industry so they thought I'd know a bit about this but negative, this is way above my experience.

    Anyway VEE
    https://hotcopper.com.au/data/attachments/5820/5820046-abcc206a051b6930c7c90b7b8a8f3b80.jpg
    Don't you just love these dollar stocks where the MC is equivalent to SOI!

    So obviously the daily chart is beautiful so well done holders on recent gains, awesome Christmas present.
    It had the perfect gap-up to skip over the bollie median line to begin the breakout back on the 13th Nov and has remained in the upper bollies since only once coming back close to a re-test. Honestly I could use this chart to run a TA lecture there is so much to read from.

    https://hotcopper.com.au/data/attachments/5820/5820057-83a5b1d18eeed3e39e0bcbab44903229.jpg

    It's still very bullish and here's why.
    * SP is still printing candles above the 8ema (yellow)
    * SP is closing on it's high of day. (Indicating it has further to run).
    * MACD has just crossed positive again.

    However, if/when any of that changes then this is what to look for as a "take profits" indication.
    *SP closes on a red candle below the 8ema on solid volume
    *MACD crosses negative again.
    *RSI is bordering on being overbought and getting close to needing a cool off. It's currently at 80 and you saw what happened the last time it hit 84.
    https://hotcopper.com.au/data/attachments/5820/5820091-fe87f9400372a445c75add6ff1859341.jpg

    Here's the 30min/hourly to show momentum, if you start see red candles pay attention. Currently it's stunning.

    https://hotcopper.com.au/data/attachments/5820/5820096-b63aaf6ec2a0f3d1f7de644aec4a7384.jpg

    Anyway, enjoy the ride, great to see holders making gains.

    The above is simply my opinion based on how I'm reading the indicators.

    Cheers.
 
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Last
75.5¢
Change
-0.025(3.21%)
Mkt cap ! $102.6M
Open High Low Value Volume
78.5¢ 78.5¢ 75.5¢ $25.54K 32.98K

Buyers (Bids)

No. Vol. Price($)
1 602 75.5¢
 

Sellers (Offers)

Price($) Vol. No.
78.0¢ 13175 1
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Last trade - 15.34pm 16/06/2025 (20 minute delay) ?
VEE (ASX) Chart
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