Are we ready for the big play?
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A good strong week, move from 1.9 to 2.3. For those reading my posts, I have been talking about 2.3 as pivotal, to give some confidence that we may be out of weakness, out of the big drop from 5s, and maybe looking for a strong reversal. We finished at 2.3. Very positive. But does it mean a very smooth ride now to the upside? Not sure. If we get a news, its a different story. Without news, technicals/trading patterns may drive the price. I wouldn't be surprise to see a bit more play here before we get to 2.5/3 play. Lots of shares have been issued an many happy to exit, so we should give them the opportunity, to exit gracefully. But potential is great, any good news we could see a great play. It still needs to happen. Lets hope for it.
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Key for us is to get to hold 2.1 on any weakness, any incursion is fine. Upside, to pierce 2.5 and make a dash towards 3.
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Personally holding heads now average 1.6, and oppies 1.05.
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For those interested how the stock is tracking against other REE stocks or who hold multiple REE stocks, I do a Weekly Report across 26 ASX REE stocks. It has got Weekly/Yearly data how stocks are tracking. I also have commentary across general markets and sector. Those just holding specific stocks, it may not be relevant, so please ignore.
Here is the report for this week.
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https://hotcopper.com.au/threads/enr-weekly-report.7575014/#post-73667594
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Last
1.9¢ |
Change
0.001(5.56%) |
Mkt cap ! $17.24M |
Open | High | Low | Value | Volume |
1.8¢ | 1.9¢ | 1.8¢ | $59.53K | 3.284M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 2006730 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 1554433 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 2006730 | 0.017 |
14 | 4563458 | 0.016 |
6 | 5382999 | 0.015 |
2 | 3071428 | 0.014 |
2 | 13000000 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 1554433 | 7 |
0.020 | 881537 | 8 |
0.021 | 3267969 | 6 |
0.022 | 1617838 | 8 |
0.023 | 1001556 | 6 |
Last trade - 14.45pm 20/05/2024 (20 minute delay) ? |
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Last
1.8¢ |
  |
Change
0.001 ( 0.00 %) |
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Open | High | Low | Volume | ||
1.9¢ | 1.9¢ | 1.8¢ | 2164043 | ||
Last updated 15.41pm 20/05/2024 ? |
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ENV (ASX) Chart |