I am gunna try my best coz it has me stuffed
Firstly the point and figure chart is good to find support levels
3.72 seems like good support and if this fails its possible to fall 8 % to 3.40
Above there is a minor resistance at 3.9 ish and if broken then upside of just shy of 4.40 with + 16% so a tight stop entry here gives pretty good risk reward I suppose.
the next post is the weekly big picture also showing that it seems the SP want sope back into the pitch fork
Possible target is 4.30 or maybe a bit more base on this.
The last is the daily and really confusing multiple support and resistance showing an upside in the 4.30 to 4.40 range as possible in the short term but from a swing trader point of view there are no higher lows nor higher highs so at this point its in a primary downtrend !
I would wait for 3.80 to be broken and then a test to the downside confirming a higher swing low before I would re-enter.
I hope this makes sense as its real messy
- Forums
- ASX - By Stock
- IPL
- keeps on dumping please!
keeps on dumping please!, page-18
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IPL (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.99 |
Change
-0.010(0.33%) |
Mkt cap ! $5.647B |
Open | High | Low | Value | Volume |
$3.02 | $3.02 | $2.98 | $3.741M | 1.250M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
51 | 53166 | $2.99 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.00 | 145853 | 49 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
43 | 40430 | 2.990 |
35 | 136315 | 2.980 |
18 | 133520 | 2.970 |
16 | 60458 | 2.960 |
19 | 87548 | 2.950 |
Price($) | Vol. | No. |
---|---|---|
3.000 | 152710 | 49 |
3.010 | 105774 | 17 |
3.020 | 92710 | 18 |
3.030 | 233540 | 13 |
3.040 | 18500 | 3 |
Last trade - 13.43pm 14/10/2024 (20 minute delay) ? |
Featured News
IPL (ASX) Chart |