Here is an optomistic thought.
The 13.5 c drop today forms a double bottom on the chart.
The recent top at 28.5 c is the 100% range.
Therefore, on Gann theory, the 200% target is 43.5 c.
Obviously we need confirmation of a change of trend, but worth keeping in mind.
Stranger things have happened.
All IMHO.
We all need a ray of sunshine on such a shocker of a day.
Have a great weekend all.
chart analysis for beginners, page-38
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Last
35.5¢ |
Change
0.060(20.3%) |
Mkt cap ! $515.6M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 37.5¢ | 33.5¢ | $6.427M | 18.03M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 133736 | 5 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| IMM (ASX) Chart |