I hope you're right, and SP has bottomed here, and continues on to make a higher high > 1.25.
But I have no idea.
Let's wait for a complete weekly bar. Also a (weekly) close under 100 (a big round number) has psychological significance (not technical significance)...as an aside, sometimes the two co-incide...a double confirmation ("confluence").
Interestingly there are lot of (published) buyers at 89c in Mkt Depth (and presumably many keeping cards hidden).
This of course is a penny above strong support.
We just have to wait.....which is never much fun.....
GLTAH
What a buying opportunity!, page-11
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Last
$2.97 |
Change
0.060(2.06%) |
Mkt cap ! $8.942B | |||
| Open | High | Low | Value | Volume |
| $2.96 | $3.02 | $2.93 | $100.8M | 33.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 716181 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 235000 | 1 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |