Me neither, rolling. At least, I try not to. Sometimes easier said than done.
2 weeks for a base @$1.80 after peaking @ $1.95 has to be the best definition of optimistic I've heard in a while! Only a week to go...
IMHO, it needs to consolidate at or above $1.45 before moving higher. Proviso being, news dependent.
It's tried four times to break $1.45 since Aug '21, including the Ford spike in June. Interesting to see the green 50EMA converge on the orange 100EMA from Jan to June without crossing - despite testing the 60's four times - before powering on with Ford. Possible retest of upper channel @ $1.30+, before cracking higher, but this move feels more fundamentally driven for a reset. As always, time will tell.
IPX charts, page-30
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Last
$2.04 |
Change
0.045(2.26%) |
Mkt cap ! $524.7M | |||
| Open | High | Low | Value | Volume |
| $2.00 | $2.07 | $1.99 | $461.1K | 226.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5091 | $2.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.05 | 1234 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| IPX (ASX) Chart |