I believe the retest of 16c is highly likely now. Not one major positive chart indicator can I find. The only glimmer is the bounce twice now off 20c recently. If that can hold then it could go from there, however the trend is clearly down.
The selloff on the 12th Feb set the scene and it has continued, as it did again on the 19th Feb when a test of 22.5 resistance failed.
With the whole market now looking quite ill, EHL could very well follow and continue the downtrend to test 16c.
Fundamentals mean nothing atm, this is being sold down. Just a matter of to what level.
I believe the retest of 16c is highly likely now. Not one major...
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Last
90.5¢ |
Change
0.025(2.84%) |
Mkt cap ! $401.7M | |||
| Open | High | Low | Value | Volume |
| 88.5¢ | 91.0¢ | 88.0¢ | $2.470M | 2.743M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9312 | 89.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 91.0¢ | 73310 | 8 |
View Market Depth
| Last trade - 16.10pm 03/12/2024 (20 minute delay) ? |
| EHL (ASX) Chart |
