It looks like a fairly complex move, I try not to go too deep with these patterns now. But I agree, it does look to be bottoming.
Also, it has corrected the move from 10c to 72c all the way back down to the 61.8fib level that is approx 33c.
That fib level at 35.5c will be an important first test, if a new uptrend has indeed started.
IMM Chart, page-20
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Last
40.0¢ |
Change
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Mkt cap ! $581.0M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 28 | 256446 | 40.0¢ |
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| Price($) | Vol. | No. |
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| 40.5¢ | 75525 | 15 |
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| Last trade - 13.46pm 11/09/2024 (20 minute delay) ? |
| IMM (ASX) Chart |