Not that its an issue with me as I am in for the longer haul, but there is a bit of a standoff at the moment at the 17c to 17.5c mark. Those responsible for the strong buying with huge numbers above 18c seem to be having a bit of a lull tempting sellers to bring the price down and numbers to build on the sell side. If I am reading it correctly they will then in Warnies words start the chomping again. Remember the smart money always wants to buy as cheaply as possible. I could be wrong but that's my take on what is happening. The chartists interpretation may confirm that this is what is occurring from a technical perspective.
cheers
a sea of green guys!!!, page-11
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Last
31.0¢ |
Change
-0.010(3.13%) |
Mkt cap ! $450.9M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.8¢ | 31.0¢ | $758.7K | 2.412M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 166349 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 312504 | 6 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| IMM (ASX) Chart |