IMA 4.26% 9.8¢ image resources nl

I’m only new to charting etc so I’m definitely no guru…. but it...

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  1. 1,029 Posts.
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    I’m only new to charting etc so I’m definitely no guru…. but it looks to me like pretty good value here and good chance of a reversal.

    Held strong at support, formed a double bottom and now broke and closed above the trend line. It’s also closed above the moving average(purple line).
    It’s also good to see that volume higher through the sideways movement to indicate a bit of accumulation.
    A big green engulfing candle over the next few days would be very bullish.

    https://hotcopper.com.au/data/attachments/5679/5679415-488200211b2d58f7a7e9086242c9e542.jpg


    Anyways, I’ve grabbed a short term parcel and actually quite like the company fundamentals a lot also. I live not too far from the Atlas deposit and starting to hear a bit of chatter around town(nothing too exciting but still good).
    Best of luck to long term holders, hopefully that EPA ✅ comes soon.

 
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Last
9.8¢
Change
0.004(4.26%)
Mkt cap ! $109.9M
Open High Low Value Volume
9.6¢ 9.9¢ 9.6¢ $14.34K 146.8K

Buyers (Bids)

No. Vol. Price($)
1 7500 9.4¢
 

Sellers (Offers)

Price($) Vol. No.
9.8¢ 39999 1
View Market Depth
Last trade - 16.10pm 11/11/2024 (20 minute delay) ?
IMA (ASX) Chart
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