Exercise caution here guys, cos you could get burnt in 10 seconds flat. Speccy micro bio's have been aw-aw-aw-awesome lately, but volatile AZZZZZZZZ.
HOWEVER, the positives are there to see, even from a blind punter like myself.
Cracking fundamentals and potential aside, here are some observations from today
It was the highest % gainer on the ASX (for anything with decent volume ie over 12 trades - LOL).
It happened on a day where sentiment and macro was farked and everything got smashed.
It will accordingly attract attention from both investors and traders - those who had given up on it after getting hammered by this week's extreme action and those whom are new to it.
Such strong buying in the arvo lead up - everything was bought/smashed up to 5.5c, followed immediately by a classic, pro back-test to suck out any loose ones down to 4.4c.
The last 10 minutes was crazy. So was the auction - dudes pushed in line and hoovered everything that was available. Closed near day's high.
Macro is looking waaaaaaaaaaaaaaaay better with Dow looking (farking) sweet.
So a perfect set up for tomorrow.
Additionally, so many immediate near-term stimuli.Some of which have been mentioned here.
And that's just what I know of. And I know jack......
Good luck tomorrow dudes. And beyond. IMO, this will fly in the morning. But be sensible and smart.
Remember trading/investing goals and stick to them. But watch the money/volume - it will tell the story.
Yeeeeeeeeeeeeeeeeeeeew!
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Last
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $13.00M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $19.10K | 3.821M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 4204169 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 5374720 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 60206 | 0.024 |
1 | 14090 | 0.022 |
3 | 497619 | 0.021 |
5 | 649700 | 0.020 |
2 | 130000 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 153799 | 6 |
0.037 | 18526 | 1 |
0.039 | 1200000 | 1 |
0.046 | 100000 | 1 |
0.047 | 1160000 | 3 |
Last trade - 15.56pm 07/11/2024 (20 minute delay) ? |
MEM (ASX) Chart |