this stock is still in long term uptrend, and has been, all through this softness. Once again it has now begun its next upleg on a monthly chart breaking january's high of 18 cents. It is likely we will see a gradual wave upwards towards the last high over the next 6 months. At the moment we are testing the 15 moving average at around 19.5 cents, once we break above that, we should be away again.
Thats how the chart looks, it doesn't mean it will happen, but this current retracement back towards the 50ma, is the first major retracement to that line where it is in an upwards slope which gives us the highest probability to reach the previous high of 42c.
Good luck....
high vols today , page-17
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Last
29.5¢ |
Change
0.015(5.36%) |
Mkt cap ! $428.5M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 30.5¢ | 28.0¢ | $833.4K | 2.824M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 388130 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 39940 | 3 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| IMM (ASX) Chart |