I am a holder with a long term outlook, however reviewing the INR daily chart there are some interesting short term things to note:
Today appears to be the play-out of a cup and handle with a short term target of 0.28.
Supporting this is the golden cross of the 50 day moving average heading above the 200 day moving average.
Only technical headwind I see for now is previous resistance at 0.26, a close above that level some time this week would bode well for the share price in the medium term.
INR chart thread
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Last
26.0¢ |
Change
0.015(6.12%) |
Mkt cap ! $607.9M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 26.8¢ | 24.0¢ | $1.451M | 5.693M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 520195 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 232862 | 5 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| INR (ASX) Chart |