short term:
presuming today's bar was full of buying, which is a safe resumption given the bar closed almost on its highs, a bounce to approx 1.20 initially
if I'm wrong and the bullish bar is hiding mostly selling, then the multi-pivot, thin red line immediately below today's close at approx 0.70 should provide support
the intraday (not shown) on both 10min, 15min and 30min frames provides support in the low 0.70's
medium-term:
on a positive scenario, a gap-fill to the 1.20's followed by a retrace
long-term:
probably a bottom is in
... the climactic action is the key here.. insane volume on a wide-spread shake-out in recent (ie multi-year, but not all time) lows
If today was full of selling then the bar should have closed on its arse.. but it closed on its highs... it seems as if somebody / somebodies were buying up big... a green day tomorrow will confirm this.. other scenarios, eg a marginally down day on low volume, are more complicated to interpret...
- Forums
- ASX - By Stock
- CDA
- daily chart as at 12/12/13
daily chart as at 12/12/13, page-3
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CDA (ASX) to my watchlist
(20min delay)
|
|||||
Last
$15.91 |
Change
0.020(0.13%) |
Mkt cap ! $2.785B |
Open | High | Low | Value | Volume |
$16.00 | $16.05 | $15.90 | $4.580M | 287.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1164 | $15.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.92 | 1922 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 279 | 3.170 |
2 | 2173 | 3.160 |
2 | 2646 | 3.150 |
3 | 5510 | 3.140 |
1 | 25000 | 3.130 |
Price($) | Vol. | No. |
---|---|---|
3.190 | 3000 | 1 |
3.210 | 2102 | 2 |
3.220 | 1050 | 1 |
3.230 | 1050 | 1 |
3.240 | 10092 | 1 |
Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
Featured News
CDA (ASX) Chart |
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Andy Udell, CCO
Andy Udell
CCO
SPONSORED BY The Market Online