Australian (ASX) Stock Market Forum

Popping Festering Cankers

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Dona Ferentes said:
Perhaps we have had Peak Fester
Click to expand...

Lol ... "Peak Fester" I like it.

I think there will still be others though ... Its a "Fester-val":rolleyes:

I picked up a few of these apparently festering unloved bad boys today.

There is currently Supply drip feeding the 0.065 cent level so that will need to be soaked up before any move higher.

Looking to accumulate around the current levels (Recent 5 month Range)

Long time frame and Shorter time frame charts for clarity

SP3 27Aug2020.jpg SP3 27 Aug close up.jpg
 
barney said:
Lol ... "Peak Fester" I like it.

I think there will still be others though ... Its a "Fester-val":rolleyes:

I picked up a few of these apparently festering unloved bad boys today.

There is currently Supply drip feeding the 0.065 cent level so that will need to be soaked up before any move higher.

Looking to accumulate around the current levels (Recent 5 month Range)

Long time frame and Shorter time frame charts for clarity

View attachment 108272 View attachment 108273
Click to expand...
now that is truly Sharey McFestershare

(or is it Fester McStockyfest?)
 
barney said:
Lol ... "Peak Fester" I like it.

I think there will still be others though ... Its a "Fester-val":rolleyes:

I picked up a few of these apparently festering unloved bad boys today.

There is currently Supply drip feeding the 0.065 cent level so that will need to be soaked up before any move higher.

Looking to accumulate around the current levels (Recent 5 month Range)

Long time frame and Shorter time frame charts for clarity

View attachment 108272 View attachment 108273
Click to expand...
Looks like a desc triangle to me.

gg
 
Garpal Gumnut said:
Looks like a desc triangle to me.gg
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Don't you go putting the mocker on it for me Garps:mad::D

I'm banking on the series of higher Lows since April and the increase in Volume this month (plus it double topped, so perhaps not a typical descending triangle anymore?) .... might be the start of a reversal, but still in the balance.

Above 0.075 the D/T is negated. Any dip back to 0.054 or lower your D/T may well give me the DT's:eek:
 
Austwide said:
Everything going up for the slightest reason.

Reminds me of the tech boom, stupid highs that go to nothin.
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Action seems to be only in the high end of Tech FAANG / WAAAX etc or in this end. Nothing in between for the rest of us in the hunting ground. :rolleyes:
 
barney said:
Don't you go putting the mocker on it for me Garps:mad::D

I'm banking on the series of higher Lows since April and the increase in Volume this month (plus it double topped, so perhaps not a typical descending triangle anymore?) .... might be the start of a reversal, but still in the balance.

Above 0.075 the D/T is negated. Any dip back to 0.054 or lower your D/T may well give me the DT's:eek:
Click to expand...
Sorry mate, I've removed the moxer as of 5.59 pm today.

Closed 6.3c which is 7x9c which are lucky numbers. Also 5.59 divided by seven is seven with 69 left over.

How can it not go up tomorrow.

gg
 
"In response to your correspondence dated 28 August 2020 regarding an increase in the Company’s share price and trading volumes, the Company’s response is as follows.

1. The Company is not aware of any information concerning it that has not been announced through the ASX that if known could be an explanation for recent trading in the securities of the Company.

2. Not applicable.

3. The Company is not aware of any other explanation as to why there has been an increase in trading volumes and prices of its securities.

4. The Company confirms that it is in compliance of Listing Rule 3.1.

5. The Company confirms that the above response to the ASX queries have been approved in accordance with its published continuous disclosure policy."

Alright what's the deal with this thing then?
 
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