Here is my take from a technical perspective with a projection if the ascending triangle plays out. Obviously this is one possibility are there are others. From watching the tape, the 9% drop from 50c to 45c from 2:10pm to 3pm appeared to be climactic selling (final washout) before consolidating thereafter. This often marks the spot for a turn.a
Here is my take from a technical perspective with a projection...
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Last
$4.08 |
Change
-0.090(2.16%) |
Mkt cap ! $918.1M | |||
| Open | High | Low | Value | Volume |
| $4.09 | $4.20 | $4.06 | $333.3K | 81.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $4.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.10 | 140 | 1 |
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| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
| ADT (ASX) Chart |
