possible buy signal forming Hello
This stock is looking quite interesting for a few reasons. First the stock is still down trending and we can all see that it does not take a genius to figure that part out.
However my short signal was given around 2 years back up around 60 cents and still is a short from that time. But this is the first time on my chart that the stock is showing signs of a bottom.
My bottom patterns are usually correct but I generally wait for an actual buy signal before entering, still something is going on and I have many indicators to determine this, if I am correct and bottom is forming then sometime soon I expect some major bounce, and those wanting to buy may have to pay prices above 15 cents.
With all this is mind I think the stock is a spec buy with tight stops with a potential of some good upside and little downside if you stick with stops, I am thinking of buying since that bottom pattern is something I do not see to often, the stock offers a good risk reward trade, good luck:):):)
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Last
34.0¢ |
Change
-0.005(1.45%) |
Mkt cap ! $493.8M |
Open | High | Low | Value | Volume |
34.0¢ | 34.0¢ | 32.5¢ | $1.317M | 3.935M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 73996 | 33.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.0¢ | 836970 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 67679 | 0.325 |
11 | 193888 | 0.320 |
1 | 25000 | 0.315 |
2 | 35400 | 0.310 |
5 | 103336 | 0.305 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 674262 | 1 |
0.345 | 179754 | 4 |
0.350 | 527571 | 5 |
0.355 | 30000 | 1 |
0.360 | 51000 | 2 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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IMM (ASX) Chart |