Yes its a strong bounce. Not that unusual after such a strong decline. 3.86 high to a 3.01 low bounce to 3.42 today that's a classic 50% retracement.
I retained 22% of my original holding just in case I failed to buy back in the dip. Which happened I have not brought back in as yet.
I am hunting for lower prices.
Have a look at the weekly chart below. The 10WMA is at the 3.38 level. If the SP next week trades Hi-LO entirely above that mark then I think that the bear run would have been ended. I think it unlike yet, especially with the notices about the sale of shares by interested parties and directors these last few weeks.
So I am prepared to wait.
https://finance.yahoo.com/chart/NAN...iI2ZmODA4NCIsImNoYXJ0TmFtZSI6ImNoYXJ0In19fX0=
cheers Lies
Hey Lies, page-5
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 (20min delay)
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Last
$3.25 |
Change
0.030(0.93%) |
Mkt cap ! $1.087B | |||
| Open | High | Low | Value | Volume |
| $3.21 | $3.27 | $3.20 | $940.3K | 290.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 182 | $3.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.26 | 1421 | 1 |
View Market Depth
| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| NAN (ASX) Chart |
