Agreed peaceAKKI.
The chart clearly shows reducing volume on the move down into this 8.2c range which leads me to believe selling is drying up fast.
Todays price action showed the SP being sold down early on then bouncing straight back up on low volume. This indicates to me no one is selling and I'm expecting a rally from here.
You will notice similar price action has occurred in the last few months and each time a strong rally has proceeded.
another good night on nasdaq, page-12
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Last
41.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $584.0M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9078 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 4 | 1 |
View Market Depth
| Last trade - 09.46am 17/06/2024 (20 minute delay) ? |
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Last
41.0¢ |
Change
0.000 ( 1.01 %) |
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| Open | High | Low | Volume | ||
| 41.0¢ | 41.0¢ | 41.0¢ | 1960 | ||
| Last updated 10.04am 17/06/2024 ? | |||||
| IMM (ASX) Chart |
Day chart unavailable