Interesting chart on XAM:
- Broken out of it's mini bullish pennant to test minor resistance at 0.057
- Price has closed well over the SMA (9) line twice - indicating potential new uptrend movement
- MACD about to cross over, Stochastic with positive momentum
- Two announcements expected in near future - Red Mountain Drilling Results & Target Update/Phase 2 Program Structure for Kharmagtai.
If it can push past 0.057 on decent volume, the next test will be at historical minor resistance = 0.063.
Interesting few weeks ahead I think
XAM Chart, page-27
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 (20min delay)
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Last
5.6¢ |
Change
-0.002(3.45%) |
Mkt cap ! $96.09M | |||
| Open | High | Low | Value | Volume |
| 5.8¢ | 5.8¢ | 5.6¢ | $18.55K | 328.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 154554 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 183345 | 2 |
View Market Depth
| Last trade - 12.38pm 30/08/2024 (20 minute delay) ? |
| XAM (ASX) Chart |