If you are going to have a crack, you may as well include me in that argument too LINKT.
Its not just IOU that is showing weakness, its the whole sector and I for one didnt expect SP to drop this much, but then , I dont control the big stick, like the instos do....
I have observed Slick for some time, good chartist, but as he said, you cant win em all,.
The yellow arrow was a bull trap , very common and has caught many out over time and will continue to do so, a break of 50c would have confirmed a trend reversal, the instos knew that and gave you the inpression it would do so, then put the brakes on......cunning.
IOU SP, really needs to hold in the current zone 36 / 41 or 28c rears its ugly head into the next support zone which is bearish even more.
No volume , means no meaningful movement to the upside, just feels like a death by a thousand cuts atm.
Here is the BNPL sector movement.
IOU needs news and pronto to stop the bleed from cutting further.
IMO
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.440M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.6¢ | $44.61K | 7.418M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
37 | 13692185 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 1407046 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
36 | 13252185 | 0.005 |
19 | 22475110 | 0.004 |
6 | 9833333 | 0.003 |
8 | 7025000 | 0.002 |
7 | 18300024 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 1407046 | 3 |
0.007 | 5574675 | 11 |
0.008 | 7246671 | 12 |
0.009 | 2241666 | 7 |
0.010 | 1777000 | 7 |
Last trade - 12.09pm 15/07/2024 (20 minute delay) ? |
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