Nice announcement today has buyers coming in. The 21 SMA is at 1176. It would be good for the price to work it's way back above this short term, then have a go at the most recent high of 1335 and close above the 55 SMA. It just needs to stop the series of lower highs and lower lows. So the points to watch are the low at 1007 and the high at 1335. Even if it can consolidate in this region and allow the company to kick some goals with progress, this could create a good base for the next launch but this technical chart damage doesn't just disappear overnight. It takes time to work through as all the market participants evaluate their positions.
Nice announcement today has buyers coming in. The 21 SMA is at...
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Last
$4.26 |
Change
0.040(0.95%) |
Mkt cap ! $801.6M | |||
| Open | High | Low | Value | Volume |
| $4.22 | $4.36 | $4.16 | $1.429M | 337.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13601 | $4.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.28 | 6000 | 1 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| VUL (ASX) Chart |