dont forget spawning last year took place in January, 3 months ahead of the previous year and it was all over this year in April (see previous announcements).
Serious breakdown in price today, ST support at 10cents looks to be truly lost (see detailed chart 2, circled area) SP trading below 45d EMA which is trading below 200d EMA, MACD looks to be crossing below signal line from above, in short, LT trend not looking great, hard to get in way of moving train but upside potential is enormous if they get it right, problem is funding (but that is not a TA issue.
Historical low of 7.5 cents, company has previously flagged further capital raisings in its announcements so I suspect they have started to walk the streets with a view to raising the capital but that is PURE SPECULATION. Time will tell.
Chart 1 below is LT chart
Chart to is the detail circled in green
dont forget spawning last year took place in January, 3 months...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CSS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.22M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 17.0¢ | $421 | 2.475K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 43426 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 179929 | 2 |
View Market Depth
| Last trade - 14.25pm 04/09/2024 (20 minute delay) ? |
| CSS (ASX) Chart |