There will be *retail* selling (profit-taking) at $0.032-0.034, but the momentum has swung the other way now per the volumes, rising VWAP and crossing of 50-day MA. Technical analysis says things have changed.
Any descent from $0.032-0.034 would not be as low as $0.022, which means that any descent would create a bullish head and shoulders reversal pattern.
We already have a bullish double-bottom in right now, but bullish head and shoulders reversal pattern is the worst case scenario -our MC is far too low and indicators say way oversold in recent weeks and months.
Opinion only, not advice, dyor etc
Intel $6bn acquisition of Mellanox !!, page-86
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Last
$3.23 |
Change
0.140(4.53%) |
Mkt cap ! $353.2M | |||
| Open | High | Low | Value | Volume |
| $3.20 | $3.35 | $3.11 | $4.071M | 1.264M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3094 | $3.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.23 | 551 | 4 |
View Market Depth
| Last trade - 13.19pm 14/11/2024 (20 minute delay) ? |
| WBT (ASX) Chart |
