If we are in accumulation then I'd like to see a bounce of 15ish on high volume, wide price spread past the 17.5 resistance.
Have it 'second test' that 17.5 line with a pullback on low volume and tight price spread.
Then a strong push up again to 21.5 which seems to be the major line of resistance in the channel we are in. Breaking that will be tough.
Keep an eye on the S&P 500. If it enters the 1088-1011 range could be a buying opportunity with an upside target of 1266-1282. PRR and the rest of the market will follow.
Imo :-)
long term uptrend continues!, page-3
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Last
31.0¢ |
Change
0.015(5.08%) |
Mkt cap ! $450.3M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 35.0¢ | 31.0¢ | $2.508M | 7.793M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 226373 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 40135 | 2 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| IMM (ASX) Chart |