So, lets recap - we had a down trend which was briefly stopped by a deadcat bounce (MEOW!). Downwards trend has resumed.
I would have though 10c to be a psychological support level, however sellers seemed to just bust right through it leaving us in sub 10c.
imho we'll see the 8c gap close before rise, UNLESS we see any positive news.
As for 8c, being a major support, I imagine it will hold. Having said that - stranger things have happened. Best case in my opinion - sideways action until news.
Thoughts?
where to from here?
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Last
39.0¢ |
Change
-0.005(1.27%) |
Mkt cap ! $566.5M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.8¢ | 38.5¢ | $1.972M | 5.027M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 76111 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 82464 | 3 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| IMM (ASX) Chart |