Heiken-Ashi shows a close of 4.31and the long lower shadow indicates significant buying pressure down low. Lower Trend line acted as a good back stop.
Looks like a planned news sell off, plus nervous nellies and stop losses.
Anyway, no need to panic, news is good to those in the know. A bit of house keeping never goes astray, some weak hands have been hoovered.
IMM CHART / SP, page-173
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Last
29.5¢ |
Change
-0.040(11.9%) |
Mkt cap ! $428.5M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.0¢ | 28.0¢ | $7.278M | 23.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 53192 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 41048 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| IMM (ASX) Chart |