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clock Created with Sketch. 13/03/19
10:33
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Originally posted by dawatz
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Technically in a range trading between around 3.25 to 4 since early Feb. Big spread between buyers and sellers sees big price moves. As both bulls and bears have pointed out, it doesn't take a large purchase to move the open/close around. VWAP (volume weighted average price) seems to be a better guide to where price action is at than opening/closing. Pivot point seems to be around 3.55.
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Thanks heaps for your input I appreciate it! I do think it will come back down briefly however but should show support at a greater level than $3.20, a $3.50 support would be nice from a technical point of view
(20min delay)