Martis. You know better than anyone that trendchannels do get broken, true?
Your analysis IMO is not taking into account the (serverity) potential supply that is sitting beside/above your low volume day.
Q. On your chart displayed, your first upward trendchannel was broken, true?
Q. What sitting in the near background Caused your trendchannel to be broken ?
Now price has returned to the same area once again and supply has also once again been found.
What is this suggesting, is this low risk for a ST trade
technical update, page-6
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Last
30.0¢ |
Change
0.005(1.69%) |
Mkt cap ! $436.3M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 31.0¢ | 29.0¢ | $504.5K | 1.673M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 39998 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 3997 | 1 |
View Market Depth
| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| IMM (ASX) Chart |