10:1 B:S ratio, this is a pretty bullish setup.
What EMH needs right now is a steady flow of news to snap this setup into a good run. The run will likely run out of momentum at the previous support levels, around .500-.600, where additional sellers should reappear to reduce their exposure/loss selling.
Unfortunately, due to recent purchases from the BOD I am not sure how likely it is that any material news are going to be released.
The way that EMH manages affairs - I swear you couldn't make this stuff up, just always the worst timing. I really hope they do not end up wasting the Li cycle bounce that is incoming.
10:1 B:S ratio, this is a pretty bullish setup. What EMH needs...
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Last
32.5¢ |
Change
-0.035(9.72%) |
Mkt cap ! $67.42M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 38.5¢ | 32.5¢ | $7.415K | 21.96K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 101150 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 37000 | 1 |
View Market Depth
| Last trade - 15.49pm 11/06/2024 (20 minute delay) ? |
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Last
39.0¢ |
Change
-0.035 ( 5.41 %) |
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| Open | High | Low | Volume | ||
| 39.0¢ | 39.0¢ | 39.0¢ | 30 | ||
| Last updated 11.13am 11/06/2024 ? | |||||
| EMH (ASX) Chart |