gap filled
the pattern is actually a bullish ascending triangle
we are sitting on the lower trend line, resistance at 10.5c which is very typical as SPs transition to .5c increments
this all very normal. Share prices don’t go up in a straight line. If they fail to break resistance will move back to the trend line for a break, wash out loose hands then have another crack. As new holders enter the trend line moves up. This is how the triangle forms.
so this is all very normal. If the trend line breaks down on (comparatively !!) high volume there is an issue but it isn’t here. the worst mistake is to sell here, this is the spot to buy. That is what buy low sell high means from a TA point of view, it doesn’t just mean find something undervalued from an FA point of view.
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gap filledthe pattern is actually a bullish ascending triangle...
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Last
1.7¢ |
Change
0.002(13.3%) |
Mkt cap ! $43.20M |
Open | High | Low | Value | Volume |
1.5¢ | 1.7¢ | 1.5¢ | $45.00K | 2.823M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 250000 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 1561158 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 250000 | 0.016 |
5 | 1959838 | 0.015 |
4 | 4312857 | 0.014 |
6 | 1700000 | 0.013 |
2 | 1208333 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 1256442 | 6 |
0.018 | 2133827 | 5 |
0.019 | 333001 | 3 |
0.020 | 3149500 | 6 |
0.021 | 60000 | 2 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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